SEC Form 4 · accession 0001209784-16-000055
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
Nov 23, 2016
Accepted (ET)
Nov 25, 2016 · 5:53 pm EST
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 | Nov 23, 2016 | M | 12,000 | $8.055 | A | 60,105 | D | |
| Common stock | Nov 23, 2016 | M | 12,000 | $8.275 | A | 72,105 | D | |
| Common stock | Nov 23, 2016 | S | 12,000 | $9.00 | D | 60,105 | D | |
| Common stock | Nov 23, 2016 | S | 12,000 | $9.00 | 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 optionsF2 | $8.055 | Nov 23, 2016 | M | 12,000 | D | — | Feb 1, 2018 | Common stock | 12,000 | 0 | D |
| Non-qualified stock optionsF3 | $8.275 | Nov 23, 2016 | M | 12,000 | D | — | Feb 1, 2017 | Common stock | 12,000 | 0 | D |
Explanation of responses
- F1Sale pursuant to a predetermined sales plan, entered into on August 31, 2016 under Rule 10b5-1 of the Securities and Exchange Act of 1934.
- F2Stock options granted on February 01, 2008, 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.
- F3Stock options granted on February 01, 2007, 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.