Michael Farrington - 01 Mar 2023 Form 4 Insider Report for NUVASIVE INC

Signature
/s/ Nathaniel B. Sisitsky, Attorney-in-fact for Michael Farrington
Issuer symbol
N/A
Transactions as of
01 Mar 2023
Net transactions value
-$33,112
Form type
4
Filing time
03 Mar 2023, 16:50:20 UTC
Previous filing
08 Sep 2022
Next filing
05 Sep 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NUVA Common Stock Options Exercise $0 +1,905 +96% $0.000000 3,893 01 Mar 2023 Direct F1
transaction NUVA Common Stock Tax liability $33,112 -776 -20% $42.67 3,117 01 Mar 2023 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NUVA RSUs Options Exercise $0 -1,905 -100% $0.000000* 0 01 Mar 2023 Common Stock 1,905 $0.000000 Direct F3, F4
transaction NUVA RSUs Award $0 +16,405 $0.000000 16,405 01 Mar 2023 Common Stock 16,405 $0.000000 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares directly held by the Reporting Person. The Reporting Person also holds conditional rights to receive shares pursuant to previously disclosed Company equity awards.
F2 Shares withheld by the Issuer to satisfy tax withholding obligations.
F3 Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's common stock upon vesting.
F4 This RSU award was granted to the Reporting Person on March 2, 2020. In accordance with the terms of the RSU award, the award vested as to 1,905 shares on March 1, 2023.
F5 This RSU award was granted to the Reporting Person on March 1, 2023. In accordance with the terms of the RSU award, the award will vest in full on March 1, 2026.