Home/Filings/4/0001637761-23-000036
4//SEC Filing

Lipschultz Tyler 4

Accession 0001637761-23-000036

CIK 0001637761other

Filed

Jan 8, 7:00 PM ET

Accepted

Jan 9, 7:18 PM ET

Size

26.3 KB

Accession

0001637761-23-000036

Insider Transaction Report

Form 4
Period: 2023-01-05
Lipschultz Tyler
SVP, Orthobiologics and BD
Transactions
  • Disposition to Issuer

    Common Stock

    2023-01-05131,2840 total
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2023-01-0560,0000 total
    Exercise: $15.68Exp: 2025-08-01Common Stock (60,000 underlying)
  • Disposition to Issuer

    Restricted Stock Units

    2023-01-0512,9700 total
    Common Stock (12,970 underlying)
  • Disposition to Issuer

    Restricted Stock Units

    2023-01-0533,9770 total
    Exercise: $0.00Common Stock (33,977 underlying)
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2023-01-0535,6360 total
    Exercise: $18.24Exp: 2027-01-01Common Stock (35,636 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)

    2023-01-056,0890 total
    Exercise: $9.93Exp: 2028-04-23Common Stock (6,089 underlying)
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2023-01-0527,8730 total
    Exercise: $12.01Exp: 2028-01-01Common Stock (27,873 underlying)
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2023-01-0516,1960 total
    Exercise: $16.86Exp: 2029-01-28Common Stock (16,196 underlying)
  • Disposition to Issuer

    Employee Stock Option (Right to Buy)

    2023-01-0521,2360 total
    Exercise: $15.00Exp: 2030-02-28Common Stock (21,236 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 54,653 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 26,892 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 14,835 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 11,603 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 2,534 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 6,742 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 the issuer's common stock.
  • [F20]This option was assumed by Orthofix in the merger and replaced with an option to purchase 8,840 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 5,399 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 14,144 Orthofix restricted stock units.
  • [F7]The option vests as to 25% of the underlying shares on August 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 24,978 shares of Orthofix at a price of $37.67 per share.
  • [F9]The option vests as to 12.5% of the underlying shares on August 1, 2016, 6.25% on September 30, 2016 and the remaining 81.25% vests in thirteen substantially equal quarterly installments thereafter.

Issuer

SeaSpine Holdings Corp

CIK 0001637761

Entity typeother

Related Parties

1
  • filerCIK 0001509284

Filing Metadata

Form type
4
Filed
Jan 8, 7:00 PM ET
Accepted
Jan 9, 7:18 PM ET
Size
26.3 KB