SEC Form 4 · accession 0001193614-15-000021
SEQUENOM INC · SQNM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dirk Van Den Boom
Officer — CSSO
Period of report
Feb 10, 2015
Accepted (ET)
Feb 11, 2015 · 3:56 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001076481
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 10, 2015 | M | 12,500 | $0.00 | A | 62,912 | D | |
| Common StockF1 | Feb 10, 2015 | F | 4,692 | $3.47 | D | 58,220 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Incentive Stock Option (right to buy)F2 | $3.47 | Feb 10, 2015 | A | 9,443 | A | — | Feb 9, 2025 | Common Stock | 9,443 | 9,443 | D |
| Non-Qualified Stock Option (right to buy)F2 | $3.47 | Feb 10, 2015 | A | 90,557 | A | — | Feb 9, 2025 | Common Stock | 90,557 | 90,557 | D |
| Restricted Stock UnitF3,F4 | — | Feb 10, 2015 | A | 80,000 | A | — | — | Common Stock | 80,000 | 165,250 | D |
| Restricted Stock UnitF5,F6 | — | Feb 10, 2015 | M | 12,500 | D | — | — | Common Stock | 12,500 | 152,750 | D |
Explanation of responses
- F1Shares have been surrendered to the issuer to satisfy the reporting person's tax withholding obligation due on vesting of restricted stock units.
- F2The shares subject to the options shall vest in 48 equal monthly installments commencing on 2/10/15, such that the shares subject to the option are fully vested on 2/10/19.
- F3Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
- F4The shares subject to the restricted stock unit began vesting in 4 equal annual installments commencing on 2/10/15, with annual vesting dates on 2/10/16, 2/10/17, 2/10/18 and 2/10/19 such the shares subject to the restricted stock units are fully vested on 2/10/19.
- F5Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
- F6The shares subject to the restricted stock unit began vesting in 4 equal annual installments commencing on 2/1/14, with annual vesting dates on 2/10/15, 2/10/16, 2/10/17 and 2/10/18 such the shares subject to the restricted stock units are fully vested on 2/10/18.