SEC Form 4 · accession 0001140361-16-080536
CHEMBIO DIAGNOSTICS, INC. · CEMI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter Kissinger
Director
Period of report
Sep 20, 2016
Accepted (ET)
Sep 22, 2016 · 12:27 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001092662
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Sep 20, 2016 | M | 28,605 | $2.80 | A | 31,531 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option to purchase common stockF2 | $2.80 | Sep 20, 2016 | F | 18,270 | D | Sep 22, 2015 | Sep 22, 2016 | Common Stock | 18,270 | 28,605 | D |
| Option to purchase common stockF2 | $2.80 | Sep 20, 2016 | M | 28,605 | D | Sep 22, 2015 | Sep 22, 2016 | Common Stock | 28,605 | 0 | D |
Explanation of responses
- F1Performed a Cashless Exercise by surrendering 18,270 options at a volume weighted average price of $7.1841 and exercising 28,605 options at an exercise price of $2.80 in order to obtain 28,605 shares.
- F2Options to purchase 9,375 shares each became exercisable on September 22 of each year from 2011 through 2015.