John B. Henneman III - 05 Jan 2023 Form 4 Insider Report for SeaSpine Holdings Corp

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
09 Jan 2023, 18:19:39 UTC
Prior SEC filing
01 Aug 2022
Next SEC filing
19 May 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Paul Benny, Attorney-in-Fact for John B. Henneman

Key filing fact

John B. Henneman III filed Form 4 for SeaSpine Holdings Corp on 09 Jan 2023.

Key facts

  • This page summarizes John B. Henneman III's Form 4 filing for SeaSpine Holdings Corp.
  • 4 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 09 Jan 2023, 18:19.

Change

  • Previous filing in this sequence was filed on 01 Aug 2022.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

SPNE transaction

Common Stock

Disposed to Issuer

Transaction value
Shares
-82,654
Change %
-100%
Price
Shares after
0
Date
05 Jan 2023
Ownership
Direct
Footnotes
F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

SPNE transaction Derivative

Stock Option (right to buy)

Disposed to Issuer

Transaction value
Shares
-58,559
Change %
-100%
Price
Shares after
0
Date
05 Jan 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
58,559
Exercise price
$15.68
Footnotes
F2, F3
SPNE transaction Derivative

Stock Option (right to buy)

Disposed to Issuer

Transaction value
Shares
-3,858
Change %
-100%
Price
Shares after
0
Date
05 Jan 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
3,858
Exercise price
$17.18
Footnotes
F4, F5
SPNE transaction Derivative

Stock Option (right to buy)

Disposed to Issuer

Transaction value
Shares
-13,920
Change %
-100%
Price
Shares after
0
Date
05 Jan 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
13,920
Exercise price
$9.99
Footnotes
F6, F7
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

John B. Henneman III is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 7 footnotes

Footnote F1

Disposed of pursuant to the Agreement and Plan of Merger by and among the issuer, SeaSpine Holdings Corporation, which became effective on January 5, 2023, in exchange for 34,408 Orthofix MedicalInc. ("Orthofix") ordinary shares having a market value of $22.76 per share at the effective time of the merger.

Footnote F2

The option vests as to 25% of the underlying shares on November 1, 2015 and the remaining 75% in three equal quarterly installments thereafter.

Footnote F3

This option was assumed by Orthofix in the merger and replaced with an option to purchase 24,378 shares of Orthofix at a price of $37.67 per share.

Footnote F4

The option vests as to 50% of the underlying shares on February 1, 2016 and as to 25% of the underlying shares on each of May 1, 2016 and August 1, 2016.

Footnote F5

This option was assumed by Orthofix in the merger and replaced with an option to purchase 1,606 shares of Orthofix at a price of $41.27 per share.

Footnote F6

The option vests in four equal installments on each of September 7, 2016, December 7, 2016, March 7, 2017 and June 7, 2017.

Footnote F7

This option was assumed by Orthofix in the merger and replaced with an option to purchase 5,794 shares of Orthofix at a price of $24.00 per share.

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