Skinner James J 4
4 · NUVASIVE INC · Filed Mar 20, 2006
Insider Transaction Report
Form 4
NUVASIVE INCNUVA
Skinner James J
VP,Strategic Sales Development
Transactions
- Exercise/Conversion
Common Stock
2006-03-17$3.75/sh+1,000$3,750→ 1,000 total - Sale
Common Stock
2006-03-17$19.50/sh−1,000$19,500→ 0 total - Exercise/Conversion
Stock Option (Right to Buy)
2006-03-17−1,000→ 63,264 totalExercise: $3.75Exp: 2014-01-02→ Common Stock (1,000 underlying)
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]This option is immediately exercisable, but shares purchased under this option are subject to repurchase by the Issuer at the option exercise price to the extent the Reporting Person has not vested in such shares as of the date of the Reporting Person's termination of service to the Issuer. 25% of the shares subject to this option vested on January 2, 2005, which was the first anniversary of the date of grant, and 2.0833% of the initial number of shares subject to the option vest each month thereafter.