SEC Form 4 · accession 0001384101-18-000018
VERACYTE, INC. · VCYT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher M Hall
Officer — President and COO
Period of report
Mar 2, 2018
Accepted (ET)
Mar 5, 2018 · 8:00 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001384101
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 2, 2018 | A | 14,700 | $0.00 | A | 34,700 | D | |
| Common StockF2 | Mar 3, 2018 | F | 2,245 | $0.00 | D | 32,455 | 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 | $5.98 | Mar 2, 2018 | A | 110,250 | A | — | Mar 2, 2028 | Common Stock | 110,250 | 110,250 | D |
Explanation of responses
- F1Restricted stock units (RSUs) awarded on March 2, 2018 vest 25% on March 2, 2019, and the remaining vest at a rate of 3/48 on each quarterly anniversary thereafter subject to continuing employment of the Reporting Person on each vesting date.
- F2The reporting person is reporting the withholding of 2,245 shares of common stock to satisfy the reporting person's tax withholding obligations in connection with the vesting of 6,667 Restricted Stock Units granted on March 3, 2017. The reporting person did not sell or otherwise dispose of any of the shares reported on this Form 4.
- F3The option becomes exercisable as to 25% of the shares on March 3, 2019, and the remaining shares vest at a rate of 1/48th of the total number of shares subject to the award for each month of continuous service thereafter.