SEC Form 4 · accession 0001209784-17-000054
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 7, 2017
Accepted (ET)
Aug 8, 2017 · 5:35 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 7, 2017 | M | 22,751 | $9.305 | A | 81,593 | D | |
| Common stock | Aug 7, 2017 | M | 6,406 | $5.7149 | A | 87,999 | D | |
| Common stock | Aug 7, 2017 | M | 34,683 | $11.295 | A | 122,682 | D | |
| Common stock | Aug 7, 2017 | S | 63,840 | $20.7281 | D | 58,842 | D | |
| Common stock | Aug 7, 2017 | S | 9,623 | $21.0294 | D | 49,219 | 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 optionsF1 | $9.305 | Aug 7, 2017 | M | 22,751 | D | — | Feb 3, 2025 | Common stock | 22,751 | 13,650 | D |
| Nonqualified stock optionsF2 | $5.7149 | Aug 7, 2017 | M | 6,406 | D | — | Feb 3, 2024 | Common stock | 6,406 | 6,407 | D |
| Nonqualified stock optionsF3 | $11.295 | Aug 7, 2017 | M | 34,683 | D | — | Feb 1, 2022 | Common stock | 34,683 | 0 | D |
Explanation of responses
- F1Nonqualified stock options granted on February 3, 2015 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.
- F3Nonqualified stock options granted on February 1, 2012 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.