SEC Form 4 · accession 0001209784-17-000048
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
May 31, 2017
Accepted (ET)
Jun 2, 2017 · 7:59 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 | May 31, 2017 | M | 10,251 | $5.19 | A | 119,317 | D | |
| Common stock | May 31, 2017 | M | 39,749 | $5.7149 | A | 159,066 | D | |
| Common stock | May 31, 2017 | S | 50,000 | $15.0578 | D | 109,066 | D | |
| Common stock | holding | — | — | — | 150,063 | I | By Nonqualified 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 optionsF1 | $5.19 | May 31, 2017 | M | 10,251 | D | — | Jan 25, 2020 | Common stock | 10,251 | 0 | D |
| Nonqualified stock optionsF2 | $5.7149 | May 31, 2017 | M | 39,749 | D | — | Feb 3, 2024 | Common stock | 39,749 | 64,737 | D |
Explanation of responses
- F1Nonqualified stock 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 ratably on a monthly basis, over the remaining 36 months.
- F2Nonqualified 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.