SEC Form 4 · accession 0001193614-16-000090
SEQUENOM INC · SQNM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Carolyn Beaver
Officer — SVP & CFO
Period of report
Jun 10, 2016
Accepted (ET)
Jun 13, 2016 · 11:53 am 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 | Jun 10, 2016 | M | 3,500 | $0.00 | A | 107,567 | D | |
| Common StockF1 | Jun 10, 2016 | P | 30,000 | $1.10 | A | 50,000 | I | by Spouse |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF2,F3,F4 | — | Jun 10, 2016 | M | 3,500 | D | — | — | Common Stock | 3,500 | 226,713 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average. These shares were sold in multiple transactions at prices ranging from $1.0899 to $1.12, inclusive. The reporting person undertakes to provide Sequenom, Inc., any security holder of Sequenom, Inc., or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the footnote to this Form 4.
- F2Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
- F3The shares subject to the options shall vest in 48 equal monthly installments commencing on 7/1/14, such that the shares subject to the option are fully vested on 7/1/18.
- F4The shares subject to the restricted stock unit began vesting in 4 equal annual installments commencing on 6/10/14, with annual vesting dates on 6/10/15, 6/10/16, 6/10/17 and 6/10/18 such the shares subject to the restricted stock units are fully vested on 6/10/18.