SEC Form 4 · accession 0001193614-16-000061
SEQUENOM INC · SQNM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daniel S Grosu M.D.
Officer — SVP & CMO
Period of report
Jan 26, 2016
Accepted (ET)
Jan 28, 2016 · 1:09 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001076481
Table I — non-derivative securities
No Table I lines on this filing.
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)F1 | $1.59 | Jan 26, 2016 | A | 19,570 | A | — | Jan 25, 2026 | Common Stock | 19,570 | 19,570 | D |
| Non-Qualified Stock Option (right to buy)F1 | $1.59 | Jan 26, 2016 | A | 210,430 | A | — | Jan 25, 2026 | Common Stock | 210,430 | 210,430 | D |
| Restricted Stock UnitF2,F3 | — | Jan 26, 2016 | A | 173,000 | A | — | — | Common Stock | 173,000 | 253,000 | D |
Explanation of responses
- F1The shares subject to the options shall vest in 48 equal monthly installments commencing on 1/26/16, such that the shares subject to the option are fully vested on 1/26/20.
- F2Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
- F3The shares subject to the restricted stock unit shall vest in 4 equal annual installments commencing on 1/26/16, with annual vesting dates on 2/10/17, 2/10/18, 2/10/19 and 2/10/20 such that the shares subject to the restricted stock units are fully vested on 2/10/20.