Home/Filings/4/0001637761-23-000035
4//SEC Filing

Keran Patrick L 4

Accession 0001637761-23-000035

CIK 0001637761other

Filed

Jan 8, 7:00 PM ET

Accepted

Jan 9, 7:17 PM ET

Size

26.5 KB

Accession

0001637761-23-000035

Insider Transaction Report

Form 4
Period: 2023-01-05
Keran Patrick L
General Counsel
Transactions
  • Disposition to Issuer

    Common Stock

    2023-01-0569,6280 total
  • Disposition to Issuer

    Restricted Stock Units

    2023-01-0552,0910 total
    Common Stock (52,091 underlying)
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2023-01-0560,0000 total
    Exercise: $15.08Exp: 2023-11-01Common Stock (60,000 underlying)
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2023-01-0533,7490 total
    Exercise: $18.24Exp: 2027-01-01Common Stock (33,749 underlying)
  • Disposition to Issuer

    Restricted Stock Units

    2023-01-058,1660 total
    Common Stock (8,166 underlying)
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2023-01-0564,5990 total
    Exercise: $14.19Exp: 2024-01-27Common Stock (64,599 underlying)
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2023-01-0552,7970 total
    Exercise: $12.01Exp: 2028-01-01Common Stock (52,797 underlying)
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2023-01-0521,7040 total
    Exercise: $15.00Exp: 2030-02-28Common Stock (21,704 underlying)
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2023-01-056,0450 total
    Exercise: $9.93Exp: 2028-04-23Common Stock (6,045 underlying)
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2023-01-0540,7860 total
    Exercise: $16.86Exp: 2029-01-28Common Stock (40,786 underlying)
Footnotes (21)
  • [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 28,986 Orthofix MedicalInc. ("Orthofix") ordinary shares having a market value of $22.76 per share at the effective time of the merger.
  • [F10]The option vests as to 18.75% of the underlying shares on November 1, 2016, 6.25% on December 31, 2016 and the remaining 75% in twelve substantially equal quarterly installments thereafter.
  • [F11]This option was assumed by Orthofix in the merger and replaced with an option to purchase 26,892 shares of Orthofix at a price of $34.09 per share.
  • [F12]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.
  • [F13]This option was assumed by Orthofix in the merger and replaced with an option to purchase 14,049 shares of Orthofix at a price of $43.82 per share.
  • [F14]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.
  • [F15]This option was assumed by Orthofix in the merger and replaced with an option to purchase 21,979 shares of Orthofix at a price of $28.85 per share.
  • [F16]The option fully vested and became exercisable on June 21, 2020.
  • [F17]This option was assumed by Orthofix in the merger and replaced with an option to purchase 2,516 shares of Orthofix at a price of $23.86 per share.
  • [F18]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.
  • [F19]This option was assumed by Orthofix in the merger and replaced with an option to purchase 16,979 shares of Orthofix at a price of $40.50 per share.
  • [F2]Each restricted stock unit represents a contingent right to receive one share of SeaSpine Holdings Corporation common stock.
  • [F20]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.
  • [F21]This option was assumed by Orthofix in the merger and replaced with an option to purchase 9,035 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 3,399 Orthofix restricted stock units.
  • [F5]Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock.
  • [F6]The restricted stock units vest in three equal installments on each of February 28, 2023, 2024 and 2025.
  • [F7]These restricted stock units were assumed by Orthofix in the merger and replaced by 21,685 Orthofix restricted stock units.
  • [F8]The option vests as to 25% of the underlying shares on November 1, 2016 and the remaining 75% in twelve substantially equal quarterly installments thereafter.
  • [F9]This option was assumed by Orthofix in the merger and replaced with an option to purchase 24,978 shares of Orthofix at a price of $36.23 per share.

Issuer

SeaSpine Holdings Corp

CIK 0001637761

Entity typeother

Related Parties

1
  • filerCIK 0001372290

Filing Metadata

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