Gregory T. Lucier - May 18, 2021 Form 4 Insider Report for NUVASIVE INC (NUVA)

Role
Director
Signature
/s/ Nathaniel B. Sisitsky, Attorney-in-Fact for Gregory T. Lucier
Stock symbol
NUVA
Transactions as of
May 18, 2021
Transactions value $
-$591,208
Form type
4
Date filed
5/20/2021, 06:01 PM
Previous filing
Apr 12, 2022
Next filing
Jun 1, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NUVA Common Stock Options Exercise $0 +19.1K +7.74% $0.00 266K May 18, 2021 Family Trust F1, F2
transaction NUVA Common Stock Tax liability -$591K -8.41K -3.16% $70.34 258K May 18, 2021 Family Trust F2, F3

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 RSUs Options Exercise $0 -8.31K -100% $0.00* 0 May 18, 2021 Common Stock 8.31K $0.00 Direct F4, F5
transaction NUVA RSUs Options Exercise $0 -1.42K -100% $0.00* 0 May 18, 2021 Common Stock 1.42K $0.00 Direct F4, F5
transaction NUVA RSUs Options Exercise $0 -3.73K -100% $0.00* 0 May 18, 2021 Common Stock 3.73K $0.00 Direct F4, F6
transaction NUVA RSUs Options Exercise $0 -2.58K -100% $0.00* 0 May 18, 2021 Common Stock 2.58K $0.00 Direct F4, F7
transaction NUVA RSUs Options Exercise $0 -3.1K -100% $0.00* 0 May 18, 2021 Common Stock 3.1K $0.00 Direct F4, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Gregory T. Lucier is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 On May 18, 2021, the Reporting Person retired from his position as a member of the Issuer's Board of Directors. Pursuant to deferral elections made by the Reporting Person, all shares underlying Restricted Stock Units ("RSUs") subject to such deferrals will be delivered to the Reporting Person promptly following May 18, 2021, the date on which the Reporting Person retired.
F2 Shares indirectly held by the Reporting Person.
F3 Shares withheld by the Issuer to satisfy tax withholding obligations.
F4 Each Restricted Stock Unit ("RSU") represents the right to receive one share of the Issuer's common stock upon vesting.
F5 This RSU award was granted to the Reporting Person on December 4, 2013 and is fully vested.
F6 This RSU award was granted to the Reporting Person on May 22, 2014 and is fully vested.
F7 This RSU award was granted to the Reporting Person on May 9, 2019 and is fully vested.
F8 This RSU award was granted to the Reporting Person on May 28, 2020 and is fully vested.