Rydin Jeffrey P 4
4 · NUVASIVE INC · Filed Jul 30, 2010
Insider Transaction Report
Form 4
NUVASIVE INCNUVA
Rydin Jeffrey P
Senior V.P., U.S. Sales
Transactions
- Exercise/Conversion
Common Stock
2010-07-28$23.24/sh+3,000$69,720→ 3,713 total - Sale
Common Stock
2010-07-28$36.25/sh−3,000$108,750→ 713 total - Exercise/Conversion
Common Stock
2010-07-28$17.91/sh+4,069$72,876→ 4,782 total - Sale
Common Stock
2010-07-28$36.25/sh−4,069$147,501→ 713 total - Exercise/Conversion
Stock Option (Right to Buy)
2010-07-28−3,000→ 52,067 totalExercise: $23.24Exp: 2017-01-16→ Common Stock (3,000 underlying) - Exercise/Conversion
Stock Option (Right to Buy)
2010-07-28−4,069→ 0 totalExercise: $17.91From: 2009-12-05Exp: 2015-12-05→ Common Stock (4,069 underlying)
Footnotes (5)
- [F1]The shares sold were acquired contemporaneously upon the cashless exercise of a stock option at an exercise price of $23.24 per share.
- [F2]The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 13,2009.
- [F3]Includes the sale of 640 shares on May 26, 2010 and 1,274 shares on July 28, 2010 by the Reporting Person that were acquired through the Issuer's Employee Stock Purchase Plan. Both the purchase and subsequent sale of these shares are exempt from reporting under Section 16b-3.
- [F4]The shares sold were acquired contemporaneously upon the cashless exercise of a stock option at an exercise price of $17.91 per share.
- [F5]25% of the total shares subject to the option vested on January 16, 2008 which was the first anniversary of the date of the grant; the remaining shares vest in 36 equal monthly installments thereafter.