John J. Winge - 31 Dec 2021 Form 4 Insider Report for SeaSpine Holdings Corp

Role
Vice President, Sales
Signature
/s/Paul Benny, Attorney-in-Fact for John J. Winge
Issuer symbol
N/A
Transactions as of
31 Dec 2021
Net transactions value
-$49,577
Form type
4
Filing time
04 Jan 2022, 20:20:47 UTC
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 $6,033 +521 +0.67% $11.58 77,910 31 Dec 2021 Direct F1, F2
transaction SPNE Common Stock Options Exercise +3,112 +4% 81,022 01 Jan 2022 Direct F3
transaction SPNE Common Stock Options Exercise +4,868 +6% 85,890 01 Jan 2022 Direct F3
transaction SPNE Common Stock Tax liability $55,610 -4,083 -4.8% $13.62 81,807 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 -3,112 -100% $0.000000* 0 01 Jan 2022 Common Stock 3,112 Direct F3, F5
transaction SPNE Restricted Stock Units Options Exercise $0 -4,868 -50% $0.000000 4,868 01 Jan 2022 Common Stock 4,868 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 December 31, 2021.
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 9,336 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 14,604 restricted stock units on January 1, 2020, which vest in three equal installments on each of January 1, 2021, 2022 and 2023.