SEC Form 3 · accession 0001209191-16-088115
Insight Molecular Diagnostics Inc. · IMDX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael D West
Director
Period of report
Dec 30, 2015
Accepted (ET)
Jan 4, 2016 · 9:32 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001642380
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, no par value | holding | — | — | — | 43,799 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option to Purchase Common StockF1 | $1.34 | holding | — | — | — | — | Dec 28, 2020 | Common Stock | 250,000 | — | D |
| Option to Purchase Common StockF2 | $2.20 | holding | — | — | — | — | Jan 8, 2025 | Common Stock | 125,000 | — | D |
| Option to Purchase Common StockF3 | $1.50 | holding | — | — | — | — | Mar 31, 2018 | Common Stock | 200,000 | — | I |
| Option to Purchase Common StockF4 | $2.20 | holding | — | — | — | — | Jan 8, 2025 | Common Stock | 100,000 | — | I |
Explanation of responses
- F11/48th of the number of options vested and became exercisable at the end of each full month after the date of grant on December 29, 2010.
- F2One quarter of the options shall vest 12 months from the date of grant on January 9, 2015 and the balance shall vest in 36 monthly installments from the first anniversary of the date of grant.
- F31/48th of the number of options granted to Karen Chapman vested and became exercisable at the end of each full month after the date of grant on April 1, 2011. Dr. West and Dr. Chapman are husband and wife.
- F4One quarter of the options granted to Karen Chapman shall vest upon the completion of 12 months of continuous employment from the date of grant on January 9, 2015 and the balance shall vest in 36 monthly installments upon the completion of each month of continuous employment from the first anniversary of the date of grant. Dr. West and Dr. Chapman are husband and wife.