SEC Form 4 · accession 0000789132-17-000053
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
Feb 24, 2017
Accepted (ET)
Feb 28, 2017 · 5:47 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 Stock | Feb 24, 2017 | M | 40,000 | $10.90 | A | 138,450 | D | |
| SPNC Common StockF1,F2 | Feb 24, 2017 | S | 19,000 | $27.8957 | D | 119,450 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| SPNC Common StockF3 | $10.90 | Feb 24, 2017 | M | 40,000 | D | — | Apr 17, 2017 | SPNC Common Stock | 40,000 | 10,000 | D |
Explanation of responses
- F1Sold pursuant to Mr. Matin's 10b5-1 plan dated 12/14/2016.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.85 to $28.10, 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 4/17/2007. Options vest over four years with 25% vested on 4/17/2008 and 6.25% vests each calendar quarter thereafter. 100% fully vested on 4/17/2011.