SEC Form 4 · accession 0001209191-15-039485
QUIDEL CORP /DE/ · QDEL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kenneth J Widder
Director
Period of report
May 4, 2015
Accepted (ET)
May 6, 2015 · 5:03 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000353569
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | May 4, 2015 | M | 157 | $0.00 | A | 157 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock Units (Converted)F2,F3,F4 | — | May 5, 2015 | A | 1,756 | A | — | — | Common Stock | 1,756 | 1,756 | D |
| Restricted Stock Units (Premium)F2,F4 | — | May 5, 2015 | A | 351 | A | May 5, 2016 | — | Common Stock | 351 | 351 | D |
| Restricted Stock Units (Equity Grant)F2,F5 | — | May 5, 2015 | A | 962 | A | May 5, 2016 | — | Common Stock | 962 | 962 | D |
| Non-Qualified Stock Option | $22.86 | May 5, 2015 | A | 7,021 | A | May 5, 2016 | May 5, 2025 | Common Stock | 7,021 | 7,021 | D |
Explanation of responses
- F1Reflects vesting of prior restricted stock units, which were previously reported on a Form 4.
- F2Each restricted stock unit represents the right to receive one share of Quidel Corporation common stock.
- F3The restricted stock units vest on the date of grant, May 5, 2015.
- F4The restricted stock units were received in lieu of cash payments to the reporting person for certain retainer and Board of Director service-related fees under a deferred compensation program applicable to participating non-employee directors.
- F5The restricted stock units vest upon the earlier of (i) immediately prior to the annual meeting of Quidel Corporation's stockholders in 2016 or (b) on the first anniversary of the grant date or May 5, 2016.