Stephenson Kirtley C. 4
4 · SeaSpine Holdings Corp · Filed Jan 9, 2023
Insider Transaction Report
Form 4
Stephenson Kirtley C.
Director
Transactions
- Disposition to Issuer
Employee Stock Option (Right to Buy)
2023-01-05−117,117→ 0 totalExercise: $15.68Exp: 2025-08-01→ Common Stock (117,117 underlying) - Disposition to Issuer
Common Stock
2023-01-05−9,700→ 0 total(indirect: By Trust) - Disposition to Issuer
Common Stock
2023-01-05−128,640→ 0 total
Footnotes (4)
- [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 53,552 Orthofix Medical Inc. ("Orthofix") ordinary shares having a market value of $22.76 per share at the effective time of the merger.
- [F2]Disposed of in the merger in exchange for 4,038 Orthofix ordinary shares having a market value of $22.76 per share at the effective time of the merger.
- [F3]The option vests in four equal installments on each of November 1, 2015, February 1, 2016, May 1, 2016 and August 1, 2016.
- [F4]This option was assumed by Orthofix in the merger and replaced with an option to purchase 48,755 shares of Orthofix at a price of $37.67 per share.