Cornwall G Bryan 4
4 · NUVASIVE INC · Filed Jan 19, 2006
Insider Transaction Report
Form 4
NUVASIVE INCNUVA
Cornwall G Bryan
VP, Research & Development
Transactions
- Sale
Common Stock
2006-01-18$18.25/sh−500$9,125→ 4,000 total - Exercise/Conversion
Stock Option (Right to Buy)
2006-01-18$3.75/sh−500$1,875→ 42,834 totalExercise: $3.75From: 2005-01-19Exp: 2014-01-19→ Common Stock (500 underlying) - Exercise/Conversion
Common Stock
2006-01-18$3.75/sh+500$1,875→ 4,500 total
Footnotes (3)
- [F1]The shares sold were acquired contemporaneously upon the cashless exercise of a stock option at an exercise price of $3.75 per share.
- [F2]The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 14, 2005.
- [F3]The option is immediately exercisable, but shares purchased upon exercise of such option are subject to repurchase by the Issuer at the option exercise price in the event the Reporting Person's services to the Issuer terminate prior to the date the shares vest. 25% of the total shares subject to the option vested on the date reported herein and the remaining shares vest in 36 equal monthly installments thereafter.