SEC Form 4 · accession 0000789132-16-000216
SPECTRANETICS CORP · SPNC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Udo Edwin Scheiner
Officer — Sr. VP, Int'l Operations
Period of report
Mar 31, 2016
Accepted (ET)
Apr 1, 2016 · 8:50 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000789132
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| SPNC Stock OptionF1 | $14.52 | Mar 31, 2016 | A | 58,696 | A | — | Mar 31, 2026 | Common Stock | 58,696 | 58,696 | D |
| SPNC Restricted Stock UnitF2,F3 | — | Mar 31, 2016 | A | 25,826 | A | — | — | Common Stock | 25,826 | 25,826 | D |
Explanation of responses
- F1Grant date 3/31/2016. Options vest over four years with 25% vesting on 3/31/2017 and 6.25% vesting each calendar quarter thereafter. Options are 100% vested on 3/31/2020.
- F2Each restricted stock unit ("RSU") represents a contingent right to receive one share of Spectranetics common stock.
- F3Grant Date: 3/31/2016. RSUs vest 25% on each of the first four anniversaries of the grant date. RSUs are 100% vested on 3/31/2020.