Dennis Cirino - Jan 28, 2022 Form 4 Insider Report for SeaSpine Holdings Corp (SPNE)

Role
SVP, Global Spinal Systems
Signature
/s/ Paul Benny, Attorney-in-Fact for Dennis L. Cirino
Stock symbol
SPNE
Transactions as of
Jan 28, 2022
Transactions value $
-$34,933
Form type
4
Date filed
2/1/2022, 06:17 PM
Previous filing
Jan 4, 2022
Next filing
Mar 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPNE Common Stock Options Exercise +5.9K +14.35% 47K Jan 28, 2022 Direct F1
transaction SPNE Common Stock Tax liability -$34.9K -3.07K -6.52% $11.39 44K Jan 28, 2022 Direct F2

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 -5.9K -33.33% $0.00 11.8K Jan 28, 2022 Common Stock 5.9K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock.
F2 These shares were withheld by the issuer to satisfy statutory tax withholding requirements on vesting of restricted stock units that occurred on January 28, 2022. No shares were sold in connection with this transaction.
F3 The reporting person was granted 17,705 restricted stock units on January 28, 2021, which vest in three equal installments on each of January 28, 2022, 2023 and 2024.