SEC Form 4 · accession 0001209784-17-000011
ORASURE TECHNOLOGIES INC · OSUR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ronald H Spair
Officer — COO & CFO · Director
Period of report
Feb 1, 2017
Accepted (ET)
Feb 2, 2017 · 6:32 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 | Feb 1, 2017 | M | 45,000 | $8.275 | A | 154,066 | D | |
| Common stockF1 | Feb 1, 2017 | A | 39,253 | — | A | 200,063 | I | By Non-Qualified Deferred Compensation Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Nonqualified stock optionsF2 | $8.275 | Feb 1, 2017 | M | 45,000 | D | — | Feb 1, 2017 | Common stock | 45,000 | 0 | D |
Explanation of responses
- F1Grant of restricted shares under the OraSure Technologies, Inc. Stock Award Plan, with one-third of the grant vesting on February 1, 2018, February 1, 2019, and February 1, 2020. Vesting shall cease upon voluntary termination of employment.
- F2Nonqualified stock options granted on February 1, 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 ratably on a monthly basis, over the remaining 36 months.