Michael F. Demane - May 23, 2024 Form 4 Insider Report for NEVRO CORP (NVRO)

Role
Director
Signature
/s/ Kashif Rashid, as Attorney-in-Fact for Michael F. DeMane
Stock symbol
NVRO
Transactions as of
May 23, 2024
Transactions value $
$0
Form type
4
Date filed
5/28/2024, 06:53 PM
Previous filing
Apr 2, 2024
Next filing
Jul 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NVRO Common Stock Award $0 +19.2K +68.89% $0.00 47K May 23, 2024 Direct F1, F2, F7
holding NVRO Common Stock 164K May 23, 2024 See footnote F3
holding NVRO Common Stock 219K May 23, 2024 See footnote F4, F7, F8
holding NVRO Common Stock 58.3K May 23, 2024 See footnote F5, F8, F9
holding NVRO Common Stock 0 May 23, 2024 See footnote F6, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Constitute restricted stock units ("RSUs") for which the Reporting Person is entitled to receive one (1) share of Common Stock for each RSU upon vesting. 100% of the RSUs shall vest on the earlier of (i) one year anniversary of May 23, 2024 or (ii) the next Annual Meeting following May 23, 2024, subject to the Reporting Person's continued service to the Issuer.
F2 Includes 19,169 RSUs.
F3 Shares held by Catherine Q. DeMane Trustee, Michael F. DeMane 2012 Irrevocable Trust U/A/D July 26, 2012.
F4 Shares held by Catherine Q. DeMane Trustee, Michael F. DeMane 2017 Family SLAT Trust U/A/D May 22, 2017 (the "SLAT Trust").
F5 Shares held by Michael F. DeMane & Catherine Q. DeMane, Trustees, Michael F. DeMane Revocable Trust U/A 10/07/2011 (the "2011 Trust").
F6 Shares held by Michael F. DeMane, Trustee, Michael F. DeMane 2021 Retained Annuity Trust U/A 08/13/2021 (the "2021 Trust").
F7 Reflects the transfer of 5,379 directly held shares to the SLAT Trust on June 6, 2023.
F8 Reflects the transfer of 91,225 shares from the 2011 Trust to the SLAT Trust on June 6, 2023.
F9 Reflects the transfer of 18,266 shares from the 2021 Trust to the 2011 Trust on November 24, 2023.