SEC Form 4 · accession 0001140361-15-034903
CODEXIS, INC. · CDXS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bernard J Kelley
Director
Period of report
Sep 10, 2015
Accepted (ET)
Sep 11, 2015 · 5:36 pm EDT
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 StockF2 | Sep 10, 2015 | M | 16,666 | $1.05 | A | 198,346 | D | |
| Common StockF3 | Sep 10, 2015 | S | 5,200 | $3.4546 | D | 193,146 | 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)F4 | $1.05 | Sep 10, 2015 | M | 16,666 | D | — | Oct 18, 2015 | Common Stock | 16,666 | 0 | D |
Explanation of responses
- F1The reporting person voluntarily exercised the stock option and sold shares sufficient to cover the exercise price to avoid the expiration of such option in October 2015.
- F2Includes 20,731 shares of restricted stock. Such shares vest on the earlier of June 10, 2016 or the date of the Issuer's 2016 annual meeting of stockholders.
- F3This transaction was executed in multiple trades in prices ranging from $3.45 to $3.50, inclusive. The price reported in Column 4 above reflects the weighted average sales price. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
- F4100% of the shares subject to the option are fully vested and exercisable.