Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | NUVA | PRSUs | Award | $0 | +29.9K | $0.00 | 29.9K | Nov 1, 2021 | Common Stock | 29.9K | $0.00 | Direct | F1, F2 |
Id | Content |
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F1 | Each Performance Restricted Stock Unit ("PRSU") represents the right to receive one share of the Issuer's common stock upon vesting. |
F2 | This PRSU award was granted to the Reporting Person on November 5, 2018. The award was granted subject to performance conditions based on the level of year-over-year improvement in the Issuer's non-GAAP earnings per share during the three-year performance period ended September 30, 2021. On November 1, 2021, the Compensation Committee of the Issuer's Board of Directors certified the Issuer's performance for purposes of the award. Based on the Issuer's performance, the award will vest as to 29,904 shares on November 5, 2021, subject to and in accordance with the terms of the award. As the award did not constitute a derivative security, it was not required to be reported and was not reported on a Form 4 at the time of grant. |