FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

McMahan Stacy Powell 		2. Issuer Name and Ticker or Trading Symbol

SPECTRANETICS CORP [ SPNC ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
CFO
(Last)          (First)          (Middle)

9965 FEDERAL DRIVE 		3. Date of Earliest Transaction (MM/DD/YYYY)

2/22/2017
(Street)

COLORADO SPRINGS, CO 80921
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 		2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8) 		4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
SPNC Common Stock   2/22/2017     A    25453   (1) A $0   26379   D    
SPNC Common Stock   2/22/2017     F    6104   (2) D $24.50   20275   (3) D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 		2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8) 		5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4) 		8. Price of Derivative Security
(Instr. 5) 		9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Explanation of Responses:
( 1)  On September 30, 2015, the Reporting Person was awarded 26,240 target performance stock units ("PSUs") granted for the 2014-2016 performance period. Each earned and vested PSU is payable in one share of the Company's common stock. The Reporting Person earned 25,453 of the PSUs based upon the Company's achievement of certain performance goals during the performance period. Of the 25,453 earned PSUs, 75% vested and were settled in an equal number of shares of the Company's common stock on February 22, 2017, and 25% will vest and be settled in shares on December 31, 2017.
( 2)  Shares withheld to satisfy tax withholding obligations on 19,090 shares issued in settlement of vested PSUs on February 22, 2017.
( 3)  This number includes 6,363 earned PSUs that are scheduled to vest and be settled in an equal number of Company shares as described above.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
McMahan Stacy Powell
9965 FEDERAL DRIVE
COLORADO SPRINGS, CO 80921

CFO

Signatures
/s/ Robert McCormack, Attorney-in-Fact for Stacy McMahan 2/24/2017
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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.
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