Paul Benny - May 2, 2022 Form 3 Insider Report for SeaSpine Holdings Corp (SPNE)

Role: VP, Corporate Controller
Signature: /s/ Paul Benny
Stock symbol: SPNE
Transactions as of: May 2, 2022
Transactions value $: $0
Form type: 3
Date filed: 5/4/2022, 08:42 PM
Next filing: Jul 1, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	SPNE	Common Stock						17.8K	May 2, 2022	Direct

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
holding	SPNE	Restricted Stock Units							May 2, 2022	Common Stock	1.04K	$0.00	Direct	F1, F2
holding	SPNE	Restricted Stock Units							May 2, 2022	Common Stock	2.76K	$0.00	Direct	F1, F3
holding	SPNE	Restricted Stock Units							May 2, 2022	Common Stock	1.19K	$0.00	Direct	F1, F4
holding	SPNE	Employee Stock Option (Right to Buy)							May 2, 2022	Common Stock	10K	$15.68	Direct	F5
holding	SPNE	Employee Stock Option (Right to Buy)							May 2, 2022	Common Stock	8.8K	$14.19	Direct	F6
holding	SPNE	Employee Stock Option (Right to Buy)							May 2, 2022	Common Stock	3.42K	$18.24	Direct	F7
holding	SPNE	Employee Stock Option (Right to Buy)							May 2, 2022	Common Stock	10.4K	$12.01	Direct	F8
holding	SPNE	Employee Stock Option (Right to Buy)							May 2, 2022	Common Stock	2.72K	$9.93	Direct	F9
holding	SPNE	Employee Stock Option (Right to Buy)							May 2, 2022	Common Stock	5.93K	$16.86	Direct	F10
holding	SPNE	Employee Stock Option (Right to Buy)							May 2, 2022	Common Stock	6.91K	$12.67	Direct	F11

* 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 SeaSpine Holdings Corporation common stock.
F2	The restricted stock units vest on January 1, 2023.
F3	The restricted stock units vest in three equal installments on each of February 28, 2023, 2024 and 2025.
F4	The restricted stock units vest in two equal installments on each of January 28, 2023 and 2024.
F5	The option vested as to 25% of the underlying shares on May 1, 2016 and the remaining 75% vested in twelve substantially equal quarterly installments thereafter.
F6	The option vested as to 25% of the underlying shares on January 27, 2017 and the remaining 75% vested in twelve substantially equal quarterly installments thereafter.
F7	The option vested as to 25% of the underlying shares on January 1, 2020 and the remaining 75% vested or will vest in twelve substantially equal quarterly installments thereafter.
F8	The option vested as to 25% of the underlying shares on January 1. 2021 and the remaining 75% vested or will vest in twelve substantially equal quarterly installments thereafter.
F9	The option vested in full on June 21, 2020.
F10	The option vested as to 25% of the underlying shares on January 28, 2022 and the remaining 75% vested or will vest in twelve substantially equal quarterly installments thereafter.
F11	The option will vest as to 25% of the underlying shares on February 28, 2023 and the remaining 75% will vest in twelve substantially equal quarterly installments thereafter.