UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | SEC 1473 (7-02) | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. |
1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
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Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Restricted Stock Units (1) | Â (2) | Â (2) | Common Stock | 37,651 | $ 0 | D | Â |
Restricted Stock Units (1) | Â (3) | Â (3) | Common Stock | 31,147 | $ 0 | D | Â |
Employee Stock Option (Right to Buy) | Â (4) | 08/01/2025 | Common Stock | 60,000 | $ 15.68 | D | Â |
Employee Stock Option (Right to Buy) | Â (5) | 01/27/2024 | Common Stock | 64,599 | $ 14.19 | D | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Lipschultz Tyler C/O SEASPINE HOLDINGS CORPORATION 5770 ARMADA DRIVE CARLSBAD, CA 92008 |
 |  |  SVP, Orthobiologics and BD |  |
Tyler Lipschultz | 03/29/2018 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock. |
(2) | The restricted stock units vest in three equal installments on each of January 1, 2019, 2020 and 2021. |
(3) | The restricted stock units vest in two equal installments on each of January 1, 2019 and 2020. |
(4) | The option vested as to 25% of the underlying shares on August 1, 2016 and the remaining 75% vested or will vest in twelve substantially equal quarterly installments thereafter. |
(5) | The option vested or will vest in equal quarterly installments over four years, with the first installment vesting on August 1, 2016. |