SEC Form 4 · accession 0000789132-15-000148
SPECTRANETICS CORP · SPNC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott William Drake
Officer — President, CEO · Director
Period of report
Aug 10, 2015
Accepted (ET)
Aug 12, 2015 · 5:27 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 StockF1 | Aug 10, 2015 | M | 12,500 | $0.00 | A | 94,015 | D | |
| SPNC Common StockF2 | Aug 10, 2015 | F | 5,822 | $16.00 | D | 88,193 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| SPNC Restricted Stock UnitF3,F4,F5 | — | Aug 10, 2015 | M | 12,500 | D | — | — | SPNC Common Stock | 12,500 | 0 | D |
Explanation of responses
- F1Restricted Stock Units granted August 10, 2011: 25% vested August 10, 2015.
- F2Shares withheld to satisfy tax withholding obligations.
- F3Each restricted stock unit represents a contingent right to receive one share of Spectranetic's common stock.
- F4Grant Date: 8/10/2011. Restricted Stock Units are on a 4 year 100% vesting schedule; 25% vested on 8/10/2012; 25% vested on 8/10/2013; and 25% vests each calendar year thereafter. 100% fully vested on 8/10/2015.
- F5Not Applicable