Michael Farrington - Mar 1, 2023 Form 4 Insider Report for NUVASIVE INC (NUVA)

Role
SVP, People and Culture
Signature
/s/ Nathaniel B. Sisitsky, Attorney-in-fact for Michael Farrington
Stock symbol
NUVA
Transactions as of
Mar 1, 2023
Transactions value $
-$33,112
Form type
4
Date filed
3/3/2023, 04:50 PM
Previous filing
Sep 8, 2022
Next filing
Sep 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NUVA Common Stock Options Exercise $0 +1.91K +95.82% $0.00 3.89K Mar 1, 2023 Direct F1
transaction NUVA Common Stock Tax liability -$33.1K -776 -19.93% $42.67 3.12K Mar 1, 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 -1.91K -100% $0.00* 0 Mar 1, 2023 Common Stock 1.91K $0.00 Direct F3, F4
transaction NUVA RSUs Award $0 +16.4K $0.00 16.4K Mar 1, 2023 Common Stock 16.4K $0.00 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.