Filing Details

Accession Number:
0001637761-19-000065
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-05-08 16:22:21
Reporting Period:
2019-05-06
Accepted Time:
2019-05-08 16:22:21
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1637761 Seaspine Holdings Corp SPNE () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1187576 E Richard Caruso 795 E Lancaster Avenue, Suite 200
Villanova PA 19085
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2019-05-06 5,020 $14.15 20,477 No 4 X Direct
Common Stock Disposition 2019-05-06 5,020 $15.17 15,457 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 X Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option (right to buy) Disposition 2019-05-06 5,020 $0.00 5,020 $14.15
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2015-07-01 2019-05-17 No 4 X Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 1,997,068 Indirect By Tru St Partnership LP
Common Stock 24,382 Indirect By the Uncommon Individual Foundation
Common Stock 7,779 Indirect By Provco Leasing Corporation
Footnotes
  1. The price reported is a weighted average. These shares were sold in multiple transactions at prices ranging from not less than $15.09 to not more than $15.26. The reporting person undertakes to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.
  2. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
  3. Tru St Partnership LP ('Tru St') may be deemed the beneficial owner of 1,997,068 shares of common stock. Dr. Caruso is the Chairman Emeritus of Provco Leasing Corporation ('Provco Leasing'). Provco Leasing is the corporate general partner of Tru St. Provco Leasing owns 7,779 shares of common stock directly and is the beneficial owner of 2,004,847 shares of common stock. The Uncommon Individual Foundation is the beneficial owner of 24,382 shares of common stock as of December 31, 2018. Dr. Caruso is the founder and chief executive officer of The Uncommon Individual Foundation. At the quarterly board meeting of The Uncommon Individual Foundation on February 12, 2019, Dr. Caruso stepped down from his positions of The Uncommon Individual Foundation and has been given the honorary title of Chairman Emeritus.