4//SEC Filing
Cirino Dennis 4
Accession 0001637761-23-000034
CIK 0001637761other
Filed
Jan 8, 7:00 PM ET
Accepted
Jan 9, 7:17 PM ET
Size
23.6 KB
Accession
0001637761-23-000034
Insider Transaction Report
Form 4
Cirino Dennis
Senior VP, Spinal Systems
Transactions
- Disposition to Issuer
Employee Stock Option (Right to Buy)
2023-01-05−5,845→ 0 totalExercise: $9.93Exp: 2028-04-23→ Common Stock (5,845 underlying) - Disposition to Issuer
Restricted Stock Units
2023-01-05−16,492→ 0 total→ Common Stock (16,492 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2023-01-05−53,518→ 0 totalExercise: $12.01Exp: 2028-01-01→ Common Stock (53,518 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2023-01-05−20,619→ 0 totalExercise: $12.67Exp: 2030-02-28→ Common Stock (20,619 underlying) - Disposition to Issuer
Common Stock
2023-01-05−48,556→ 0 total - Disposition to Issuer
Employee Stock Option (Right to Buy)
2023-01-05−19,652→ 0 totalExercise: $16.86Exp: 2029-01-28→ Common Stock (19,652 underlying) - Disposition to Issuer
Restricted Stock Units
2023-01-05−11,804→ 0 total→ Common Stock (11,804 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2023-01-05−34,211→ 0 totalExercise: $18.24Exp: 2027-01-01→ Common Stock (34,211 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2023-01-05−41,229→ 0 totalExercise: $12.67Exp: 2030-02-28→ Common Stock (41,229 underlying)
Footnotes (17)
- [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 20,213 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 22,279 shares of Orthofix at a price of $28.85 per share.
- [F11]The option fully vested and became exercisable on June 21, 2020.
- [F12]This option was assumed by Orthofix in the merger and replaced with an option to purchase 2,433 shares of Orthofix at a price of $23.86 per share.
- [F13]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.
- [F14]This option was assumed by Orthofix in the merger and replaced with an option to purchase 8,181 shares of Orthofix at a price of $40.50 per share.
- [F15]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.
- [F16]This option was assumed by Orthofix in the merger and replaced with an option to purchase 17,163 shares of Orthofix at a price of $30.44 per share.
- [F17]This option was assumed by Orthofix in the merger and replaced with an option to purchase 8,583 shares of Orthofix at a price of $36.04 per share.
- [F2]Each restricted stock unit represents a contingent right to receive one share of SeaSpine Holdings Corporation common stock.
- [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 4,914 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 6,865 Orthofix restricted stock units.
- [F7]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.
- [F8]This option was assumed by Orthofix in the merger and replaced with an option to purchase 14,242 shares of Orthofix at a price of $43.82 per share.
- [F9]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.
Documents
Issuer
SeaSpine Holdings Corp
CIK 0001637761
Entity typeother
Related Parties
1- filerCIK 0001745378
Filing Metadata
- Form type
- 4
- Filed
- Jan 8, 7:00 PM ET
- Accepted
- Jan 9, 7:17 PM ET
- Size
- 23.6 KB