SEC Form 4 · accession 0001193614-16-000079
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
May 10, 2016
Accepted (ET)
May 11, 2016 · 4:23 pm EDT
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 | May 10, 2016 | M | 20,000 | $0.00 | A | 30,000 | D | |
| Common StockF1,F2 | May 10, 2016 | F | 8,576 | $1.11 | D | 21,424 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF3,F4 | — | May 10, 2016 | M | 20,000 | D | — | — | Common Stock | 20,000 | 233,000 | 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 beneficially owned common stock holdings reflected in Table I of this form include the purchase of 10,000 shares on 1/29/16, pursuant to the Issuer's Employee Stock Purchase Plan.
- 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 vest in 4 equal annual installments commencing on 5/1/15, with annual vesting dates on 5/10/16, 5/10/17, 5/10/18 and 5/10/19 such that the shares subject to the restricted stock units are fully vested on 5/10/19.