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

Role
EVP, Chief Commercial Officer
Signature
/s/ Nathaniel B. Sisitsky, Attorney-in-Fact for Massimo Calafiore
Issuer symbol
NUVA
Transactions as of
01 Mar 2022
Transactions value $
-$168,327
Form type
4
Date filed
03 Mar 2022, 16:47
Previous filing
14 Feb 2022
Next filing
10 Jan 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NUVA Common Stock Options Exercise $0 +8.7K +545.05% $0.00 10.3K 01 Mar 2022 Direct F1
transaction NUVA Common Stock Tax liability -$168K -3.09K -30% $54.51 7.21K 01 Mar 2022 Direct F1, 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 NUVA PRSUs Options Exercise $0 -3.14K -100% $0.00* 0 01 Mar 2022 Common Stock 3.14K $0.00 Direct F3, F4
transaction NUVA RSUs Options Exercise $0 -5.56K -100% $0.00* 0 01 Mar 2022 Common Stock 5.56K $0.00 Direct F5, F6
transaction NUVA RSUs Award $0 +11K $0.00 11K 01 Mar 2022 Common Stock 11K $0.00 Direct F5, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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.
F2 Shares withheld by the Issuer to satisfy tax withholding obligations.
F3 Each Performance Restricted Stock Unit ("PRSU") represents the right to receive one share of the Issuer's common stock upon vesting.
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.
F5 Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's common stock upon vesting.
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.
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.