SEC Form 4 · accession 0001209191-16-100290
Insight Molecular Diagnostics Inc. · IMDX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Karen B. Chapman
Officer — Vice President of Research
Period of report
Feb 16, 2016
Accepted (ET)
Feb 18, 2016 · 9:44 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001642380
Table I — non-derivative securities
No Table I lines on this filing.
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 | $3.06 | Feb 16, 2016 | A | 60,000 | A | — | Feb 15, 2026 | Common Stock | 60,000 | 60,000 | D |
| Option to Purchase Common StockF2 | $2.20 | holding | — | — | — | — | Jan 8, 2025 | Common Stock | 100,000 | 100,000 | D |
| Option to Purchase Common StockF3 | $1.50 | holding | — | — | — | — | Mar 31, 2018 | Common Stock | 200,000 | 200,000 | D |
| Option to Purchase Common StockF4 | $2.20 | holding | — | — | — | — | Jan 8, 2025 | Common Stock | 125,000 | 125,000 | I |
| Option to Purchase Common StockF5 | $1.34 | holding | — | — | — | — | Dec 28, 2020 | Common Stock | 250,000 | 250,000 | I |
Explanation of responses
- F1One quarter of the options shall vest on February 15, 2017, subject to the completion of 12 months of continuous employment from the date of grant, 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.
- F2One quarter of the options vested on January 8, 2016 upon the completion of 12 months of continuous employment from the date of grant, 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.
- F31/48th of the number of options vested and became exercisable at the end of each full month of employment after the date of grant on April 1, 2011.
- F4One quarter of the options granted to Michael West vested on January 8, 2016, and the balance shall vest in 36 monthly installments from the first anniversary of the date of grant. Dr. West and Dr. Chapman are husband and wife.
- F51/48th of the number of options granted to Michael West vested and became exercisable at the end of each full month after the date of grant on December 29, 2010. Dr. West and Dr. Chapman are husband and wife.