SEC Form 4 · accession 0001209191-15-084629
SEQUENOM INC · SQNM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dirk Van Den Boom
Officer — President & CEO · Director
Period of report
Dec 9, 2015
Accepted (ET)
Dec 11, 2015 · 3:01 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 | Dec 10, 2015 | A | 9,375 | $0.00 | A | 70,544 | 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 UnitF1,F2 | — | Dec 10, 2015 | D | 9,375 | D | — | — | Common Stock | 9,375 | 9,375 | D |
| Restricted Stock UnitF1,F3 | — | Dec 9, 2015 | A | 751,880 | A | — | — | Common Stock | 751,880 | 751,880 | D |
| Incentive Stock option (right to buy)F4 | $1.33 | Dec 9, 2015 | A | 959,167 | A | — | Dec 8, 2025 | Common Stock | 959,167 | 959,167 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
- F2The shares subject to the restricted stock units began vesting in 4 equal annual installments commencing on 12/10/12, such that the shares subject to the restricted stock units are fully vested on 12/10/16.
- F3The Shares subject to the restricted stock units vest in 4 equal annual installments commencing on 12/10/15, such that the shares subject to the restricted stock units are fully vested on 12/10/19.
- F4The shares subject to the options shall vest in 48 equal monthly installments commencing on 12/10/15, such that the shares subject to the option are fully vested on 12/10/19; provided that the option will not become exercisable unless the closing sales price of the Company's common stock is a minimum of a 25% premium to the exercise price of the option for at least 30 consecutive trading days.