SEC Form 4 · accession 0001022079-18-000153
QUEST DIAGNOSTICS INC · DGX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Everett Cunningham
Officer — SVP, Commercial
Period of report
Jul 10, 2018
Accepted (ET)
Jul 12, 2018 · 4:52 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 | Jul 10, 2018 | M | 40,328 | $71.17 | A | 78,589 | D | |
| Common StockF2 | Jul 10, 2018 | S | 40,328 | $112.00 | D | 38,261 | D | |
| Common StockF3 | holding | — | — | — | 616 | I | 401(k) |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualifed Stock Option (right to buy)F4 | $71.17 | Jul 10, 2018 | M | 40,328 | D | — | Feb 23, 2025 | Common Stock | 40,328 | 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 May 31, 2018.
- F2The amount includes exempt purchases made under the Company's stock purchase plan.
- F3These underlying shares were acquired on a periodic basis by the trustee of the Company's tax qualified Profit Sharing (401(k)) 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 the Plan (which includes some money market instruments) divided by the market price of the Company's stock as of that date.
- F4The options vested in three annual installments beginning with the first on February 23, 2016, the second on February 23, 2017 and the final on February 23, 2018.