Keith Bradley - Jun 2, 2021 Form 4 Insider Report for SeaSpine Holdings Corp (SPNE)

Role
Director
Signature
/s/ Paul Benny, Attorney-in-Fact for Keith Bradley
Stock symbol
SPNE
Transactions as of
Jun 2, 2021
Transactions value $
-$7,747
Form type
4
Date filed
6/4/2021, 04:14 PM
Previous filing
May 17, 2021
Next filing
Jul 2, 2021

Transactions Table

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
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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.