Standish Beau 4
4 · SeaSpine Holdings Corp · Filed Jan 9, 2023
Insider Transaction Report
Form 4
Standish Beau
President, Enabling Tech
Transactions
- Disposition to Issuer
Employee Stock Option (Right to Buy)
2023-01-05−100,000→ 0 totalExercise: $19.99Exp: 2029-06-02→ Common Stock (100,000 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2023-01-05−14,108→ 0 totalExercise: $15.00Exp: 2030-02-28→ Common Stock (14,108 underlying)
Footnotes (4)
- [F1]The option vests as to 25% of the underlying shares on January 1, 2023 and the remaining 75% in twelve substantially equal quarterly installments thereafter.
- [F2]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. This option was assumed by Orthofix in the merger and replaced with an option to purchase 41,630 shares of Orthofix at a price of $48.02 per share.
- [F3]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.
- [F4]This option was assumed by Orthofix in the merger and replaced with an option to purchase 5,873 shares of Orthofix at a price of $36.04 per share.