NUVASIVE INC 4
4 · NUVASIVE INC · Filed May 1, 2015
Insider Transaction Report
Form 4
NUVASIVE INCNUVA
Powers Russell
Exec. VP Sales Int'l Ops
Transactions
- Exercise/Conversion
Employee Stock Option (Right to Buy)
2015-05-01+4,016→ 0 totalExercise: $26.62Exp: 2021-01-03→ Common Stock (4,016 underlying) - Sale
Common Stock
2015-04-29$45.40/sh−9,471$430,021→ 73,482 total - Sale
Common Stock
2015-05-01$44.44/sh−2,410$107,090→ 75,088 total - Exercise/Conversion
Common Stock
2015-05-01$26.62/sh+4,016$106,906→ 77,498 total
Footnotes (6)
- [F1]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.
- [F2]Weighted average from 2 transactions with prices of $45.000 and $46.620. 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.
- [F3]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.
- [F4]Sale of shares to cover the exercise price of the underlying stock option. 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.
- [F5]Weighted average from 12 transactions with prices ranging from $44.3900 to $44.5000. 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.
- [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.