SEC Form 4 · accession 0001022079-16-000293
QUEST DIAGNOSTICS INC · DGX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Catherine T. Doherty
Officer — SVP, Clin. Franchise Solutions
Period of report
May 27, 2016
Accepted (ET)
Jun 1, 2016 · 4:39 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001022079
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | May 27, 2016 | M | 23,667 | $55.65 | A | 100,402 | D | |
| Common Stock | May 27, 2016 | M | 23,667 | $56.82 | A | 124,069 | D | |
| Common StockF2 | May 27, 2016 | S | 23,667 | $77.268 | D | 100,402 | D | |
| Common StockF3 | May 27, 2016 | S | 23,667 | $77.264 | D | 76,735 | D | |
| Common StockF4 | holding | — | — | — | 3,714 | I | 401(k)/SDCP |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (Right to Buy)F5 | $55.65 | May 27, 2016 | M | 23,667 | D | — | Feb 10, 2020 | Common Stock | 23,667 | 0 | D |
| Stock Options (Right to Buy)F6 | $56.82 | May 27, 2016 | M | 23,667 | D | — | Feb 15, 2021 | Common Stock | 23,667 | 0 | D |
Explanation of responses
- F1This exercise and sale reported were effected pursuant to a Rule 10b5-1 sales plan adopted by the reporting person on April 25, 2016.
- F2This transaction was executed in multiple trades at prices ranging from $77.10 to $77.53. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F3This transaction was executed in multiple trades at prices ranging from $77.10 to $77.49. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F4These underlying shares were acquired on a periodic basis by the trustee of the Company's tax qualified Profit Sharing (401(k)) and/or Supplemental Deferred Compensation Plan. The information was obtained from the plan administrator as of a current date. The number of shares is based on the account balance of the Company stock fund under each Plan (which includes some money market instruments) divided by the market price of the Company's stock as of that date.
- F5The options vested in three annual installments beginning with the first on February 10, 2011, the second on February 10, 2012 and the final on February 10, 2013.
- F6The options vested in three annual installments beginning with the first on February 15, 2012, the second on February 15, 2013 and the final on February 15, 2014.