Calafiore Massimo 4
4 · NUVASIVE INC · Filed Feb 14, 2022
Insider Transaction Report
Form 4
NUVASIVE INCNUVA
Calafiore Massimo
EVP, Global Business Units
Transactions
- Award
PRSUs
2022-02-10+3,141→ 3,141 totalExercise: $0.00→ Common Stock (3,141 underlying)
Footnotes (2)
- [F1]Each Performance Restricted Stock Unit ("PRSU") represents the right to receive one share of the Issuer's common stock upon vesting.
- [F2]This PRSU award was granted to the Reporting Person on March 1, 2019. The award was granted based on a target number of shares with a performance multiplier of 0-200% based on the Issuer's non-GAAP Operating Margin over the performance period ended December 31, 2021. On February 10, 2022, the Compensation Committee of the Issuer's Board of Directors certified the Issuer's performance for purposes of the award. Based on the Issuer's performance, the award will vest as to 3,141 shares on March 1, 2022, subject to and in accordance with the terms of the award. As the award did not constitute a derivative security, it was not required to be reported and was not reported on a Form 4 at the time of grant.