Keith Bradley - Jun 30, 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 30, 2021
Transactions value $: -$738
Form type: 4
Date filed: 7/2/2021, 07:06 PM
Previous filing: Jun 4, 2021
Next filing: Sep 3, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SPNE	Common Stock	Award	$0	+792	+1.1%	$0.00	73.1K	Jun 30, 2021	Direct	F1
transaction	SPNE	Common Stock	Tax liability	-$738	-36	-0.05%	$20.51	73.1K	Jun 30, 2021	Direct	F2

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

Explanation of Responses:

Id	Content
F1	This restricted stock award was issued to the Reporting Person pursuant to his election under the issuer's director compensation program to receive such award in lieu of a portion of the cash retainer the Reporting Person is entitled to receive in his capacity as a non-employee director of the issuer. The restricted stock award vests immediately on the date of grant. The number of shares was calculated by dividing the portion of the retainer the Reporting Person elected not to receive in cash by the closing price of the issuer's common stock on the last trading day of the quarter.
F2	Shares withheld by the issuer to satisfy statutory tax withholding requirements on vesting of restricted stock that occurred on June 30, 2021. No shares were sold in connection with this transaction.

Content

This restricted stock award was issued to the Reporting Person pursuant to his election under the issuer's director compensation program to receive such award in lieu of a portion of the cash retainer the Reporting Person is entitled to receive in his capacity as a non-employee director of the issuer. The restricted stock award vests immediately on the date of grant. The number of shares was calculated by dividing the portion of the retainer the Reporting Person elected not to receive in cash by the closing price of the issuer's common stock on the last trading day of the quarter.

Shares withheld by the issuer to satisfy statutory tax withholding requirements on vesting of restricted stock that occurred on June 30, 2021. No shares were sold in connection with this transaction.