Home/Filings/4/0001637761-23-000031
4//SEC Filing

Valentine Keith 4

Accession 0001637761-23-000031

CIK 0001637761other

Filed

Jan 8, 7:00 PM ET

Accepted

Jan 9, 7:16 PM ET

Size

26.3 KB

Accession

0001637761-23-000031

Insider Transaction Report

Form 4
Period: 2023-01-05
Valentine Keith
Chief Executive Officer
Transactions
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2023-01-05325,0000 total
    Exercise: $15.68Exp: 2023-08-01Common Stock (325,000 underlying)
  • Disposition to Issuer

    Restricted Stock Units

    2023-01-05236,7790 total
    Common Stock (236,779 underlying)
  • Disposition to Issuer

    Restricted Stock Units

    2023-01-0552,3920 total
    Common Stock (52,392 underlying)
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2023-01-05149,0740 total
    Exercise: $14.19Exp: 2024-01-27Common Stock (149,074 underlying)
  • Disposition to Issuer

    Common Stock

    2023-01-05333,7970 total
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2023-01-0577,8810 total
    Exercise: $18.24Exp: 2027-01-01Common Stock (77,881 underlying)
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2023-01-058,8710 total
    Exercise: $9.93Exp: 2028-04-23Common Stock (8,871 underlying)
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2023-01-0531,8660 total
    Exercise: $15.00Exp: 2030-02-28Common Stock (31,866 underlying)
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2023-01-05121,8300 total
    Exercise: $12.01Exp: 2028-01-01Common Stock (121,830 underlying)
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2023-01-05261,6990 total
    Exercise: $16.86Exp: 2029-01-28Common Stock (261,699 underlying)
Footnotes (20)
  • [F1]Disposed of pursuant to the Agreement and Plan of Merger by and among the issuer, SeaSpine Holdings Corporation, which became effective on January 5, 2023, in exchange for 138,959 Orthofix Medical Inc. ("Orthofix") ordinary shares having a market value of $22.76 per share at the effective time of the merger.
  • [F10]This option was assumed by Orthofix in the merger and replaced with an option to purchase 62,059 shares of Orthofix at a price of $34.09 per share.
  • [F11]The option vests as to 25% of the underlying shares on January 1, 2020 and the remaining 75% in twelve substantially equal quarterly installments thereafter.
  • [F12]This option was assumed by Orthofix in the merger and replaced with an option to purchase 32,421 shares of Orthofix at a price of $43.82 per share.
  • [F13]The option vests as to 25% of the underlying shares on January 1, 2021 and the remaining 75% in twelve substantially equal quarterly installments thereafter.
  • [F14]This option was assumed by Orthofix in the merger and replaced with an option to purchase 50,717 shares of Orthofix at a price of $28.85 per share.
  • [F15]The option fully vested and became exercisable on June 21, 2020.
  • [F16]This option was assumed by Orthofix in the merger and replaced with an option to purchase 3,692 shares of Orthofix at a price of $23.86 per share.
  • [F17]The option vests as to 25% of the underlying shares on January 28, 2022 and the remaining 75% in twelve substantially equal quarterly installments thereafter.
  • [F18]This option was assumed by Orthofix in the merger and replaced with an option to purchase 108,945 shares of Orthofix at a price of $40.50 per share.
  • [F19]The option vests as to 25% of the underlying shares on February 28, 2023 and the remaining 75% in twelve substantially equal quarterly installments thereafter.
  • [F2]Each restricted stock unit represents a contingent right to receive one share of SeaSpine Holdings Corporation common stock.
  • [F20]This option was assumed by Orthofix in the merger and replaced with an option to purchase 13,265 shares of Orthofix at a price of $36.04 per share.
  • [F3]The restricted stock units vest in three equal installments on each of January 28, 2022, 2023 and 2024.
  • [F4]These restricted stock units were assumed by Orthofix in the merger and replaced by 21,810 Orthofix restricted stock units.
  • [F5]The restricted stock units vest in three equal installments on each of February 28, 2023, 2024 and 2025.
  • [F6]These restricted stock units were assumed by Orthofix in the merger and replaced by 98,571 Orthofix restricted stock units.
  • [F7]The option vests as to 25% of the underlying shares on May 1, 2016 and the remaining 75% in twelve substantially equal quarterly installments thereafter.
  • [F8]This option was assumed by Orthofix in the merger and replaced with an option to purchase 135,297 shares of Orthofix at a price of $37.67 per share.
  • [F9]The option vests as to 6.25% on June 1, 2016, 6.25% on June 30, 2016 and the remaining 87.5% in fourteen equal quarterly installments thereafter.

Issuer

SeaSpine Holdings Corp

CIK 0001637761

Entity typeother

Related Parties

1
  • filerCIK 0001289408

Filing Metadata

Form type
4
Filed
Jan 8, 7:00 PM ET
Accepted
Jan 9, 7:16 PM ET
Size
26.3 KB