Tyler Lipschultz - 28 Jan 2022 Form 4 Insider Report for SeaSpine Holdings Corp

Role: SVP, Orthobiologics and BD
Signature: /s/Paul Benny, Attorney-in-Fact for Tyler Lipschultz
Issuer symbol: N/A
Transactions as of: 28 Jan 2022
Net transactions value: -$25,548
Form type: 4
Filing time: 01 Feb 2022, 18:17:37 UTC
Previous filing: 04 Jan 2022
Next filing: 02 Mar 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	Options Exercise		+6,484	+5.4%		126,076	28 Jan 2022	Direct	F1
transaction	SPNE	Common Stock	Tax liability	$25,548	-2,243	-1.8%	$11.39	123,833	28 Jan 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	-6,484	-33%	$0.000000	12,970	28 Jan 2022	Common Stock	6,484		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 19,454 restricted stock units on January 28, 2021, which vest in three equal installments on each of January 28, 2022, 2023, and 2024.