4//SEC Filing
Paul David C 4
Accession 0001209191-18-052374
CIK 0001237831other
Filed
Sep 25, 8:00 PM ET
Accepted
Sep 26, 8:15 PM ET
Size
31.8 KB
Accession
0001209191-18-052374
Insider Transaction Report
Form 4
Paul David C
DirectorExecutive Chairman10% Owner
Transactions
- Conversion
Class A Common Stock
2018-09-24+298,647→ 298,647 total(indirect: By Trust) - Conversion
Class A Common Stock
2018-09-24+298,647→ 298,647 total(indirect: By Trust) - Sale
Class A Common Stock
2018-09-25$54.70/sh−748,845$40,959,126→ 0 total - Conversion
Class B Common Stock
2018-09-24−298,647→ 0 total(indirect: By Trust)→ Class A Common Stock (298,647 underlying) - Conversion
Class B Common Stock
2018-09-25−748,845→ 20,867,524 total→ Class A Common Stock (748,845 underlying) - Sale
Class A Common Stock
2018-09-24$54.01/sh−101,320$5,472,557→ 0 total - Conversion
Class A Common Stock
2018-09-25+748,845→ 748,845 total - Sale
Class A Common Stock
2018-09-24$54.01/sh−298,647$16,130,701→ 0 total(indirect: By Trust) - Sale
Class A Common Stock
2018-09-24$54.01/sh−298,647$16,130,701→ 0 total(indirect: By Trust) - Conversion
Class B Common Stock
2018-09-24−101,320→ 21,616,369 total→ Class A Common Stock (101,320 underlying) - Sale
Class A Common Stock
2018-09-24$54.01/sh−605,871$32,724,668→ 0 total - Conversion
Class A Common Stock
2018-09-24+101,320→ 101,320 total - Conversion
Class B Common Stock
2018-09-24−298,647→ 0 total(indirect: By Trust)→ Class A Common Stock (298,647 underlying)
Holdings
- 1,562,573(indirect: By Trust)
Class B Common Stock
→ Class A Common Stock (1,562,573 underlying)
Footnotes (8)
- [F1]This sale was effected pursuant to a Rule 10b5-1 trading plan executed by the reporting person.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $54.00 to $54.26, inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) to this Form 4.
- [F3]The Company's Class B Common Stock converted into the Company's Class A Common Stock on a one-for-one basis at the election of the reporting person and has no expiration date.
- [F4]These shares are held in a trust for the benefit of a child of the reporting person. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
- [F5]These shares are held in a trust for the benefit of a child of the reporting person. The reporting person is trustee of the trust.
- [F6]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $54.00 to $55.00, inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (6) to this Form 4.
- [F7]From the date of acquisition, the Company's Class B Common Stock converts into the Company's Class A Common Stock on a one-for-one basis (i) at the option of the holder, (ii) upon certain transfers, (iii) upon the closing of the Company's initial public offering if at that time the Company's Class B Common Stock that the holder beneficially owns is less than 10% of the aggregate number of all outstanding shares of the Company's common stock, and (iv) immediately if, at any time following the initial public offering of the Company's common stock, the Company's Class B Common Stock that the holder beneficially owns represents less than 5% of all outstanding shares of the Company's common stock.
- [F8]These shares are held in a trust for the benefit of the reporting person's spouse and children. The reporting person's spouse is trustee of the trust.
Documents
Issuer
GLOBUS MEDICAL INC
CIK 0001237831
Entity typeother
Related Parties
1- filerCIK 0001555391
Filing Metadata
- Form type
- 4
- Filed
- Sep 25, 8:00 PM ET
- Accepted
- Sep 26, 8:15 PM ET
- Size
- 31.8 KB