Keith Valentine - 31 Dec 2021 Form 4 Insider Report for SeaSpine Holdings Corp

Role
Chief Executive Officer, Director
Signature
/s/ Paul Benny, Attorney-in-Fact for Keith C. Valentine
Issuer symbol
N/A
Transactions as of
31 Dec 2021
Net transactions value
-$142,943
Form type
4
Filing time
04 Jan 2022, 20:20:18 UTC
Previous filing
02 Jul 2021
Next filing
01 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPNE Common Stock Other $9,152 +1,026 +0.34% $8.92 305,196 31 Dec 2021 Direct F1, F2
transaction SPNE Common Stock Options Exercise +7,789 +2.6% 312,985 01 Jan 2022 Direct F3
transaction SPNE Common Stock Options Exercise +12,183 +3.9% 325,168 01 Jan 2022 Direct F3
transaction SPNE Common Stock Tax liability $152,095 -11,167 -3.4% $13.62 314,001 01 Jan 2022 Direct F4

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 SPNE Restricted Stock Units Options Exercise $0 -7,789 -100% $0.000000* 0 01 Jan 2022 Common Stock 7,789 Direct F3, F5
transaction SPNE Restricted Stock Units Options Exercise $0 -12,183 -50% $0.000000 12,183 01 Jan 2022 Common Stock 12,183 Direct F3, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were acquired under the issuer's 2015 Employee Stock Purchase Plan (the "ESPP") in a transaction that was exempt under Rule 16b-3(c).
F2 In accordance with the ESPP, these shares were purchased based on 85% of the closing price of the issuer's common stock on July 1, 2020.
F3 Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock.
F4 These shares were withheld by the issuer to satisfy statutory tax withholding requirements on vesting of restricted stock units that occurred on January 1, 2022. No shares were sold in connection with this transaction.
F5 The reporting person was granted 23,365 restricted stock units on January 1, 2019, which vest in three equal installments on each of January 1, 2020, 2021, and 2022.
F6 The reporting person was granted 36,549 restricted stock units on January 1, 2020, which vest in three equal installments on each of January 1, 2021, 2022, and 2023.