SEC Form 4 · accession 0001209784-17-000023
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
Feb 15, 2017
Accepted (ET)
Feb 16, 2017 · 5:31 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 15, 2017 | M | 25,000 | $6.625 | A | 80,842 | D | |
| Common stock | Feb 15, 2017 | M | 43,850 | $7.045 | A | 124,692 | D | |
| Common stock | Feb 15, 2017 | M | 38,438 | $5.7149 | A | 163,130 | D | |
| Common stock | Feb 15, 2017 | S | 107,288 | $11.0588 | D | 58,842 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Nonqualified stock optionF1 | $6.625 | Feb 15, 2017 | M | 25,000 | D | — | Feb 1, 2021 | Common stock | 25,000 | 0 | D |
| Nonqualified stock optionF2 | $7.045 | Feb 15, 2017 | M | 43,850 | D | — | Feb 1, 2023 | Common stock | 43,850 | 0 | D |
| Nonqualified stock optionF3 | $5.7149 | Feb 15, 2017 | M | 38,438 | D | — | Feb 3, 2024 | Common stock | 38,438 | 12,813 | D |
Explanation of responses
- F1Nonqualified stock options granted on February 1, 2011 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.
- F2Nonqualified stock options granted on February 1, 2013 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.
- F3Nonqualified stock options granted on February 3, 2014 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.