Tyler Lipschultz - 01 Jan 2023 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: 01 Jan 2023
Net transactions value: -$28,482
Form type: 4
Filing time: 03 Jan 2023, 16:24:50 UTC
Previous filing: 30 Dec 2022
Next filing: 09 Jan 2023
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		+8,362	+6.6%		134,695	01 Jan 2023	Direct	F1
transaction	SPNE	Common Stock	Tax liability	$28,482	-3,411	-2.5%	$8.35	131,284	01 Jan 2023	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	-8,362	-100%	$0.000000^*	0	01 Jan 2023	Common Stock	8,362		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 1, 2023. No shares were sold in connection with this transaction.
F3	The reporting person was granted 25,086 restricted stock units on January 1, 2020, which vested in three equal installments on each of January 1, 2021, 2022 and 2023.