SEC Form 4 · accession 0001209784-16-000051
ORASURE TECHNOLOGIES INC · OSUR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jack E Jerrett
Officer — SVP & General Counsel
Period of report
Aug 30, 2016
Accepted (ET)
Aug 31, 2016 · 5:26 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001116463
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common stock | Aug 30, 2016 | M | 6,065 | $2.805 | A | 86,441 | D | |
| Common stock | Aug 30, 2016 | M | 30,350 | $5.19 | A | 116,791 | D | |
| Common stock | Aug 30, 2016 | S | 36,415 | $8.5304 | D | 80,376 | D | |
| Common stock | Aug 30, 2016 | S | 32,271 | $8.515 | D | 48,105 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-qualified stock optionsF1 | $2.805 | Aug 30, 2016 | M | 6,065 | D | — | Jan 23, 2019 | Common stock | 6,065 | 0 | D |
| Non-qualified stock optionsF2 | $5.19 | Aug 30, 2016 | M | 30,350 | D | — | Jan 25, 2020 | Common stock | 30,350 | 0 | D |
Explanation of responses
- F1Stock options granted on January 23, 2009, vesting and exercisable over a four-year period, with one-fourth of the options vesting on the first anniversary date of the grant and the remainder vesting ratable on a monthly basis over the remaining 36 months.
- F2Stock options granted on January 25, 2010, vesting and exercisable over a four-year period, with one-fourth of the options vesting on the first anniversary date of the grant and the remainder vesting ratable on a monthly basis over the remaining 36 months.