SEC Form 4 · accession 0001209191-16-114617
Orthofix Medical Inc. · OFIX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Finegan
Officer — Chief Strategy Officer
Period of report
Apr 14, 2016
Accepted (ET)
Apr 18, 2016 · 7:03 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000884624
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Apr 14, 2016 | M | 50,000 | $38.11 | A | 90,996 | D | |
| Common Stock | Apr 14, 2016 | S | 52,222 | $42.00 | D | 38,774 | D | |
| Common Stock | Apr 18, 2016 | M | 20,000 | $25.01 | A | 58,774 | D | |
| Common Stock | Apr 18, 2016 | M | 8,750 | $21.78 | A | 67,524 | D | |
| Common Stock | Apr 18, 2016 | S | 28,750 | $44.00 | D | 38,774 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 06/29/06 Stock OptionF2 | $38.11 | Apr 14, 2016 | M | 50,000 | D | — | Jun 29, 2016 | Common Stock | 50,000 | 0 | D |
| 06/30/09 Stock OptionF3 | $25.01 | Apr 18, 2016 | M | 20,000 | D | — | Jun 30, 2019 | Common Stock | 20,000 | 0 | D |
| 09/26/13 Stock OptionF4 | $21.78 | Apr 18, 2016 | M | 8,750 | D | — | Sep 26, 2023 | Common Stock | 8,750 | 0 | D |
Explanation of responses
- F1The stock option exercises and sales reported in this Form 4 were effected pursuant to a Rule 10b-5-1 trading plan adopted by the reporting person on December 16, 2015.
- F2These stock options vested in 1/3rd increments on the first, second and third anniversaries of the grant date, June 29, 2006.
- F3These stock options vested in 1/3rd increments on the first, second and third anniversaries of the grant date, June 30, 2009.
- F4These stock options vested in 1/4th increments on the first, second,third and fourth anniversaries of the grant date, September 26, 2013.