Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SPNE | Common Stock | Award | $0 | +6.25K | +9.89% | $0.00 | 69.5K | Jun 2, 2021 | Direct | F1 |
transaction | SPNE | Common Stock | Award | $0 | +3.25K | +4.68% | $0.00 | 72.7K | Jun 2, 2021 | Direct | F2 |
transaction | SPNE | Common Stock | Tax liability | -$7.75K | -382 | -0.53% | $20.28 | 72.3K | Jun 3, 2021 | Direct | F3 |
Id | Content |
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F1 | The restricted stock award vests in full on June 2, 2022, subject to the Reporting Person not experiencing a termination of service prior to such date. In addition, if the Reporting Person stands for reelection to the board of directors of SeaSpine Holdings Corporation ("SeaSpine") at an annual meeting of stockholders but is not reelected to the board at such annual meeting, the award will vest in full on the date of such annual meeting. |
F2 | The restricted stock award vests as to 25% of the shares subject to the award on the last day of each three-month period of the Reporting Person's continuous service on SeaSpine's board of directors following June 2, 2021. |
F3 | Shares withheld by the issuer to satisfy statutory tax withholding requirements on vesting of restricted stock that occurred on June 3, 2021. No shares were sold in connection with this transaction. |