SEC Form 4 · accession 0001567619-19-001794
CODEXIS, INC. · CDXS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gordon Sangster
Officer — SVP & Chief Financial Officer
Period of report
Jan 24, 2019
Accepted (ET)
Jan 28, 2019 · 6:00 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 | Jan 24, 2019 | M | 35,000 | $3.39 | A | 169,453 | D | |
| Common StockF1,F2 | Jan 24, 2019 | S | 35,000 | $16.7412 | D | 134,453 | D | |
| Common Stock | Jan 25, 2019 | M | 40,000 | $3.39 | A | 174,453 | D | |
| Common StockF1,F3 | Jan 25, 2019 | S | 40,000 | $17.1059 | D | 134,453 | 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 | $3.39 | Jan 24, 2019 | M | 35,000 | A | — | Feb 10, 2025 | Common Stock | 35,000 | 98,000 | D |
| Stock Option (Right to Buy)F4 | $3.39 | Jan 25, 2019 | M | 40,000 | A | — | Feb 10, 2025 | Common Stock | 40,000 | 58,000 | D |
Explanation of responses
- F1Transaction made pursuant to a 10b5-1 trading plan adopted by the Reporting Person on August 28, 2018.
- F2This transaction was executed in multiple trades in prices ranging from $16.46 to $16.88, inclusive. The price report in Column 4 above reflects the weighted average sale 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.
- F3This transaction was executed in multiple trades in prices ranging from $16.81 to $17.24, inclusive. The price report in Column 4 above reflects the weighted average sale 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.
- F4Option vests with respect to 25% of the shares subject 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.