Massimo Calafiore - 01 Mar 2022 Form 4 Insider Report for NUVASIVE INC

Reporting relationship: EVP, Chief Commercial Officer
Issuer ticker: N/A
Reported as of: 01 Mar 2022
Net transaction value: -$168,327
SEC form: 4
Accepted by SEC: 03 Mar 2022, 16:47:31 UTC
Prior SEC filing: 14 Feb 2022
Next SEC filing: 10 Jan 2024
Source filing: View source filing
Reporting owner signature: /s/ Nathaniel B. Sisitsky, Attorney-in-Fact for Massimo Calafiore

Key filing fact

Massimo Calafiore filed Form 4 for NUVASIVE INC on 03 Mar 2022.

Key facts

This page summarizes Massimo Calafiore's Form 4 filing for NUVASIVE INC.
5 reported transactions and 3 derivative rows are listed below.
Accepted by SEC: 03 Mar 2022, 16:47.

Change

Previous filing in this sequence was filed on 14 Feb 2022.
Current net transaction value: -$168,327.

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.

NUVA transaction

Common Stock

Options Exercise

Transaction value: $0
Shares: +8,699
Change %: +545%
Price: $0.000000
Shares after: 10,295
Date: 01 Mar 2022
Ownership: Direct
Footnotes: F1

NUVA transaction

Common Stock

Tax liability

Transaction value: $168,327
Shares: -3,088
Change %: -30%
Price: $54.51
Shares after: 7,207
Date: 01 Mar 2022
Ownership: Direct
Footnotes: F1, F2

Reported derivative securities

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

NUVA transaction Derivative

PRSUs

Options Exercise

Transaction value: $0
Shares: -3,141
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 01 Mar 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 3,141
Exercise price: $0.000000
Footnotes: F3, F4

NUVA transaction Derivative

RSUs

Options Exercise

Transaction value: $0
Shares: -5,558
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 01 Mar 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 5,558
Exercise price: $0.000000
Footnotes: F5, F6

NUVA transaction Derivative

RSUs

Award

Transaction value: $0
Shares: +11,008
Change %
Price: $0.000000
Shares after: 11,008
Date: 01 Mar 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 11,008
Exercise price: $0.000000
Footnotes: F5, F7

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 7 footnotes

Footnote F1

Shares directly held by the Reporting Person. The Reporting Person also holds conditional rights to receive shares pursuant to previously disclosed Issuer equity awards. Amount includes 555 shares acquired under the Issuer's employee stock purchase plan in April 2021.

Footnote F2

Shares withheld by the Issuer to satisfy tax withholding obligations.

Footnote F3

Each Performance Restricted Stock Unit ("PRSU") represents the right to receive one share of the Issuer's common stock upon vesting.

Footnote F4

This PRSU award was granted to the Reporting Person on March 1, 2019. In accordance with the terms of the PRSU award, the award vested as to 3,141 shares on March 1, 2022.

Footnote F5

Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's common stock upon vesting.

Footnote F6

This RSU award was granted to the Reporting Person on March 1, 2019. In accordance with the terms of the RSU award, the award vested as to 5,558 shares on March 1, 2022.

Footnote F7

This RSU award was granted to the Reporting Person on March 1, 2022. In accordance with the terms of the RSU award, the award will vest in full on March 1, 2025.