SEC Form 4 · accession 0001179110-17-010141
ALERE INC. · ALR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregg J Powers
Director
Period of report
Jun 30, 2017
Accepted (ET)
Jul 5, 2017 · 9:11 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001145460
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F3 | Jun 30, 2017 | M | 5,530 | — | A | 5,530 | I | See Footnote. |
| Common Stock | holding | — | — | — | 46,000 | D | ||
| Series B Convertible Perpetual Preferred Stock | holding | — | — | — | 18,608 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Jun 30, 2017 | M | 5,530 | D | — | — | Common Stock | 5,530 | 0 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Alere common stock.
- F2The restricted stock units vested in full on June 30, 2017.
- F3The shares listed above as being indirectly owned by Mr. Powers are held by Pelican Bay Holdings, the general partner of Private Capital Management, LLC ("PCM"), a registered investment adviser. Mr. Powers serves as Chairman and Chief Executive Officer of PCM. Mr. Powers is also the sole owner, indirectly, of Pelican Bay Holdings. In addition to the shares of common stock and convertible preferred stock listed above, Mr. Powers exercises investment control over (i)552,995 shares of common stock owned by clients of PCM, (ii)183,675 shares of common stock owned through pooled investment vehicles for which PCM serves as investment advisor, (iii)1,675 shares of common stock owned in a PCM proprietary account, (iv)1,001 shares of convertible preferred stock owned by clients of PCM, and (v)3,257 shares of convertible preferred stock owned through a pooled investment vehicle for which PCM serves as investment advisor. Mr. Powers disclaims beneficial ownership of these shares.