SEC Form 4 · accession 0000789132-17-000033
SPECTRANETICS CORP · SPNC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott Hutton
Officer — General Manager, VI
Period of report
Jan 31, 2017
Accepted (ET)
Feb 9, 2017 · 5:02 pm EST
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 Restricted Stock UnitF1,F2 | — | Jan 31, 2017 | A | 15,474 | A | — | — | Common Stock | 15,474 | 15,474 | D |
| SPNC Common StockF3 | $25.85 | Jan 31, 2017 | A | 8,465 | A | — | Jan 31, 2027 | Common Stock | 8,465 | 8,465 | D |
Explanation of responses
- F1Each restricted stock unit ("RSU") represents a contingent right to receive one share of Spectranetics common stock.
- F2Grant date 1/31/2017. RSUs vest 25% on each of the first four anniversaries of the grant date. RSUs are 100% vested on 1/31/2021.
- F3Grant date 1/31/2017. Options vest over four years with 25% vesting on 1/31/2018 and 6.25% vesting each calendar quarter thereafter. Options are 100% vested on 1/31/2021.