SEC Form 4 · accession 0001140361-15-006120
CODEXIS, INC. · CDXS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James Lalonde
Officer — SVP, R&D
Period of report
Feb 10, 2015
Accepted (ET)
Feb 12, 2015 · 8:14 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001200375
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 10, 2015 | F | 5,154 | $3.59 | D | 145,088 | D | |
| Common Stock | Feb 11, 2015 | A | 23,850 | $0.00 | A | 168,938 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F3 | $3.39 | Feb 11, 2015 | A | 70,000 | A | — | Feb 10, 2025 | Common Stock | 70,000 | 70,000 | D |
Explanation of responses
- F1Shares withheld by the Issuer on vesting of restricted stock solely to cover applicable withholding taxes. No shares were sold in the open market; the transaction reported herein was executed automatically upon the vesting of the Reporting Person's restricted stock.
- F2Represent shares of common stock issuable pursuant to performance stock units for which achievement has been certified by the Issuer's compensation committee. Shares will be issued in two equal installments on each of March 5, 2015 and March 5, 2016, subject to continued employment through such date.
- F3Option vests with respect to 25% of the shares subject thereto on February 11, 2016, with 1/48th of the shares vesting monthly thereafter, such that the option will be fully vested and exercisable on February 11, 2019.