NUVASIVE INC 4
4 · NUVASIVE INC · Filed Apr 28, 2015
Insider Transaction Report
Form 4
NUVASIVE INCNUVA
Powers Russell
Exec. VP Sales Int'l Ops
Transactions
- Tax Payment
Common Stock
2015-04-24$43.99/sh−1,721$75,707→ 82,953 total - Sale
Common Stock
2015-04-24$44.07/sh−3,888$171,344→ 82,440 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2015-04-24+6,250→ 0 totalExercise: $26.62Exp: 2021-01-03→ Common Stock (6,250 underlying) - Exercise/Conversion
Common Stock
2015-04-24$26.62/sh+6,250$166,375→ 86,328 total - Exercise/Conversion
Common Stock
2015-04-24$26.62/sh+2,234$59,469→ 84,674 total - Exercise/Conversion
Employee Stock Option (Right to Buy
2015-04-24+2,234→ 0 totalExercise: $26.62Exp: 2012-01-03→ Common Stock (2,234 underlying)
Footnotes (6)
- [F1]Shares directly held by the Reporting Person. The Reporting Person also holds conditional rights to receive or purchase (as appropriate) shares pursuant to previously disclosed Company equity awards.
- [F2]Sale of shares for payment of the exercise price of the underlying stock options. Sale effected pursuant to a 10b5-1 Trading Plan adopted by the Reporting Person on March 10, 2015, which is intended to comply with Rule 10b5-1.
- [F3]Weighted average from 4 transactions with prices ranging from $44.0600 to $44.080. Upon request by the Commission staff, the Issuer or a security holder of the Issuer, the Reporting Person will undertake to provide full information regarding the number of shares sold at each separate price.
- [F4]Payment of exercise price and tax liability by Issuer's withholding of shares incident to the respective option exercise.
- [F5]The option, representing a right to purchase a total of 10,266 shares, became exercisable as follows: 25% of the shares vested on January 3, 2012; the remaining shares vested monthly thereafter so that all shares were fully vested as of January 3, 2015, subject to continued employment through each vesting period.
- [F6]The option, representing a right to purchase a total of 2,234 shares, became exercisable as follows: 25% of the shares vested on January 3, 2012; the remaining shares vested monthly thereafter so that all shares were fully vested as of January 3, 2015, subject to continued employment through each vesting period.