Home/Filings/4/0001637761-23-000033
4//SEC Filing

Benny Paul S. 4

Accession 0001637761-23-000033

CIK 0001637761other

Filed

Jan 8, 7:00 PM ET

Accepted

Jan 9, 7:17 PM ET

Size

26.3 KB

Accession

0001637761-23-000033

Insider Transaction Report

Form 4
Period: 2023-01-05
Benny Paul S.
VP, Corporate Controller
Transactions
  • Disposition to Issuer

    Common Stock

    2023-01-0520,9500 total
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2023-01-053,4230 total
    Exercise: $18.24Exp: 2027-01-01Common Stock (3,423 underlying)
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2023-01-0510,3980 total
    Exercise: $12.01Exp: 2028-01-01Common Stock (10,398 underlying)
  • Disposition to Issuer

    Restricted Stock Units

    2023-01-052,7620 total
    Exercise: $0.00Common Stock (2,762 underlying)
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2023-01-058,8000 total
    Exercise: $14.19Exp: 2024-01-27Common Stock (8,800 underlying)
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2023-01-052,7160 total
    Exercise: $9.93Exp: 2028-04-23Common Stock (2,716 underlying)
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2023-01-055,9250 total
    Exercise: $16.86Exp: 2029-01-28Common Stock (5,925 underlying)
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2023-01-056,9060 total
    Exercise: $12.67Exp: 2030-02-28Common Stock (6,906 underlying)
  • Disposition to Issuer

    Restricted Stock Units

    2023-01-051,1860 total
    Exercise: $0.00Common Stock (1,186 underlying)
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2023-01-0510,0000 total
    Exercise: $15.68Exp: 2023-08-01Common Stock (10,000 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 8,721 Orthofix MedicalInc. ("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 3,663 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% vests in twelve substantially equal quarterly installments thereafter.
  • [F12]This option was assumed by Orthofix in the merger and replaced with an option to purchase 1,424 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% vests in twelve substantially equal quarterly installments thereafter.
  • [F14]This option was assumed by Orthofix in the merger and replaced with an option to purchase 4,328 shares of Orthofix at a price of $28.85 per share.
  • [F15]The option vested in full on June 21, 2020.
  • [F16]This option was assumed by Orthofix in the merger and replaced with an option to purchase 1,130 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% vests in twelve substantially equal quarterly installments thereafter.
  • [F18]This option was assumed by Orthofix in the merger and replaced with an option to purchase 2,466 shares of Orthofix at a price of $40.50 per share.
  • [F19]The option will vest as to 25% of the underlying shares on February 28, 2023 and the remaining 75% will vest 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 2,874 shares of Orthofix at a price of $30.44 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 493 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 1,149 Orthofix restricted stock units.
  • [F7]The option vests as to 25% of the underlying shares on May 1, 2016 and the remaining 75% vests in twelve substantially equal quarterly installments thereafter.
  • [F8]This option was assumed by Orthofix in the merger and replaced with an option to purchase 4,163 shares of Orthofix at a price of $37.67 per share.
  • [F9]The option vests as to 25% of the underlying shares on January 27, 2017 and the remaining 75% vests in twelve substantially equal quarterly installments thereafter.

Issuer

SeaSpine Holdings Corp

CIK 0001637761

Entity typeother

Related Parties

1
  • filerCIK 0001926510

Filing Metadata

Form type
4
Filed
Jan 8, 7:00 PM ET
Accepted
Jan 9, 7:17 PM ET
Size
26.3 KB