SEC Form 4 · accession 0001209784-17-000056
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
Aug 4, 2017
Accepted (ET)
Aug 8, 2017 · 5:38 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 4, 2017 | M | 99,540 | $7.045 | A | 208,606 | D | |
| Common stock | Aug 4, 2017 | M | 116,100 | $6.625 | A | 324,706 | D | |
| Common stock | Aug 4, 2017 | M | 45,500 | $8.055 | A | 370,206 | D | |
| Common stock | Aug 4, 2017 | M | 72,775 | $5.7149 | A | 442,981 | D | |
| Common stock | Aug 4, 2017 | S | 333,915 | $20.3218 | D | 109,066 | D | |
| Common stock | Aug 7, 2017 | M | 75,207 | $11.295 | A | 184,273 | D | |
| Common stock | Aug 7, 2017 | M | 50,000 | $11.295 | A | 234,273 | D | |
| Common stock | Aug 7, 2017 | M | 50,990 | $9.305 | A | 285,263 | D | |
| Common stock | Aug 7, 2017 | S | 176,197 | $21.2925 | 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 | $7.045 | Aug 4, 2017 | M | 99,540 | D | — | Feb 1, 2023 | Common stock | 99,540 | 0 | D |
| Nonqualified stock optionsF2 | $6.625 | Aug 4, 2017 | M | 116,100 | D | — | Feb 1, 2021 | Common stock | 116,100 | 0 | D |
| Nonqualified stock optionsF3 | $8.055 | Aug 4, 2017 | M | 45,500 | D | — | Feb 1, 2018 | Common Stock | 45,500 | 0 | D |
| Nonqualified stock optionsF4 | $5.7149 | Aug 4, 2017 | M | 72,775 | D | — | Feb 3, 2024 | Common stock | 72,775 | 16,075 | D |
| Nonqualified stock optionsF5 | $11.295 | Aug 7, 2017 | M | 75,207 | D | — | Feb 1, 2022 | Common stock | 75,207 | 0 | D |
| Nonqualified stock optionsF5 | $11.295 | Aug 7, 2017 | M | 50,000 | D | — | Feb 1, 2022 | Common stock | 50,000 | 0 | D |
| Nonqualified stock optionsF6 | $9.305 | Aug 7, 2017 | M | 50,990 | D | — | Feb 3, 2025 | Common stock | 50,990 | 30,594 | D |
Explanation of responses
- F1Nonqualified 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.
- F2Nonqualified 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.
- F3Nonqualified stock options granted on February 1, 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 ratably on a monthly basis, over the remaining 36 months.
- F4Nonqualified 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.
- F5Nonqualified 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.
- F6Nonqualified 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.