SEC Form 4 · accession 0000789132-15-000075
SPECTRANETICS CORP · SPNC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Wade A Bowe
Officer — Vice President R&D
Period of report
Jun 1, 2015
Accepted (ET)
Jun 3, 2015 · 5:48 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000789132
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| SPNC Common Stock | Jun 1, 2015 | M | 328 | $5.76 | A | 35,285 | D | |
| SPNC Common Stock | Jun 1, 2015 | M | 11,718 | $4.93 | A | 47,003 | D | |
| SPNC Common StockF1,F2 | Jun 1, 2015 | S | 12,046 | $24.9668 | D | 34,957 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| SPNC Stock OptionF3 | $5.76 | Jun 1, 2015 | M | 328 | D | — | Jun 1, 2020 | SPNC Common Stock | 328 | 0 | D |
| SPNC Stock OptionF4 | $4.93 | Jun 1, 2015 | M | 11,718 | D | — | Apr 15, 2021 | SPNC Common Stock | 11,718 | 782 | D |
Explanation of responses
- F1Sold pursuant to Mr. Bowe's 10b5-1 plan dated March 3, 2015
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.78 to $25.09, inclusive. The reporting person undertakes to provide to The Spectranetics Corporation, any security holder of The Spectranetics Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) to this Form 4.
- F3Grant Date: 6/01/2010. Options are on a 4 year 100% vesting schedule; 25% vest on 6/01/2011; 6.25% vests each calendar quarter thereafter. 100% fully vested on 6/01/2014. Options expire at the end of 10 years, or on 6/01/2020.
- F4Grant Date: 4/15/2011 Options are on a 4 year 100% vesting schedule; 25% vest on 4/15/2012; 6.25% vests each calendar quarter thereafter. 100% fully vested on 4/15/2015. Options expire at the end of 10 years, or on 4/15/2021.