SEC Form 4 · accession 0001652252-15-000043
BIO-RAD LABORATORIES, INC. · BIO BIO.B
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Hertia
Officer — Executive Vice President
Period of report
Sep 11, 2015
Accepted (ET)
Sep 15, 2015 · 4:07 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000012208
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Bio-Rad A Common StockF1 | Sep 11, 2015 | M | 700 | $0.00 | A | 10,920 | D | |
| Bio-Rad A Common StockF1 | Sep 12, 2015 | M | 600 | $0.00 | A | 11,520 | D | |
| Bio-Rad A Common StockF2 | Sep 14, 2015 | S | 492 | $139.11 | D | 11,028 | D | |
| Bio-Rad A Common Stock | holding | — | — | — | 252 | I | By Spouse |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F4 | $0.00 | Sep 11, 2015 | A | 3,000 | A | — | — | Bio-Rad A Common Stock | 3,000 | 3,000 | D |
| Non-Qualified Stock Option (right to buy)F5 | $139.56 | Sep 11, 2015 | A | 3,000 | A | — | Sep 11, 2025 | Bio-Rad A Common Stock | 3,000 | 3,000 | D |
| Restricted Stock UnitsF3,F6 | $0.00 | Sep 11, 2015 | M | 700 | D | — | — | Bio-Rad A Common Stock | 700 | 2,100 | D |
| Restricted Stock UnitsF3,F7 | $0.00 | Sep 12, 2015 | M | 600 | D | — | — | Bio-Rad A Common Stock | 600 | 1,200 | D |
Explanation of responses
- F1Shares of Class A common stock acquired on the vesting of restricted stock units.
- F2Sold by the issuer on behalf of the reporting person to satisfy certain tax obligations in connection with the vesting of restricted stock units, all in accordance with a restricted stock unit award agreement.
- F3Each restricted stock unit represents a contingent right to receive one share of Bio-Rad Class A common stock.
- F4The restricted stock units vest over five years at 20% per year on the yearly anniversary date of the grant.
- F5The stock option vests over five years at 20% per year on the yearly anniversary date of the grant.
- F6The restricted stock units vest in five equal annual installments beginning September 11, 2014.
- F7The restricted stock units vest in five equal annual installments beginning September 12, 2013.