SEC Form 4 · accession 0001365916-17-000048
AMYRIS, INC. · AMRS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Melo
Officer — President and CEO · Director
Period of report
Jun 14, 2017
Accepted (ET)
Jun 16, 2017 · 7:46 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001365916
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F3,F2 | Jun 14, 2017 | D | 10,666 | — | D | 97,778 | D | |
| Common StockF3,F4,F2 | Jun 14, 2017 | D | 3,330 | — | D | 94,448 | 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,F6,F2,F5 | $24.45 | Jun 14, 2017 | D | 24,000 | D | — | Nov 9, 2025 | Common Stock | 24,000 | 6,000 | D |
Explanation of responses
- F1This portion of the restricted stock unit ("RSU") award originally granted on November 9, 2015 (the "November 2015 Grant") inadvertently exceeded the annual limits contained in the Amyris, Inc. 2010 Equity Incentive Plan (the "Plan") and accordingly were void.
- F2Amyris, Inc. paid a discretionary cash bonus to the reporting person in recognition of the value lost on the voiding of the awards.
- F3Reflects a 1-for-15 reverse stock split which became effective on June 5, 2017.
- F4The shares composed a portion of the November 2015 Grant in excess of the Plan's annual limits which vested on November 1, 2016 and were returned to Amyris, Inc.
- F5The options award vests as to 1/4th of the total number of shares subject to the option on November 1, 2016, and thereafter vests as to 1/48th of the total number of shares subject to the option in equal monthly installments.
- F6The total voided options consisted of 9,500 vested options and 14,500 unvested options and represented options awarded in November 2015 in excess of the Plan's annual limits.