SEC Form 4 · accession 0000789132-17-000009
SPECTRANETICS CORP · SPNC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Shahriar Matin
Officer — Chief Operating Officer
Period of report
Jan 8, 2017
Accepted (ET)
Jan 10, 2017 · 5:12 pm EST
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 | Jan 8, 2017 | M | 4,430 | $0.00 | A | 74,037 | D | |
| SPNC Common StockF2 | Jan 8, 2017 | F | 1,651 | $24.25 | D | 72,386 | 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 | — | Jan 8, 2017 | M | 4,430 | D | — | — | SPNC Common Stock | 4,430 | 13,289 | D |
Explanation of responses
- F1Restricted Stock Units granted 1/8/2016; first 25% vested 1/8/2017.
- F2Shares withheld to satisfy tax withholding obligations.
- F3Each restricted stock unit represents a contingent right to receive one share of Spectranetics common stock.
- F4Grant Date: 1/8/2016. Restricted Stock Units are on a 4 year 100% vesting schedule; 25% vested on 1/8/2017; 25% vests on 1/8/2018;and 25% vests each calendar year thereafter. 100% fully vested on 1/8/2020.
- F5Not applicable.