SEC Form 4 · accession 0001209191-15-075499
QUIDEL CORP /DE/ · QDEL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Edward Keith Russell
Officer — SVP-Global Commercial Ops
Period of report
Oct 12, 2015
Accepted (ET)
Oct 14, 2015 · 8:10 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000353569
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Oct 12, 2015 | A | 13,646 | A | — | — | Common Stock | 13,646 | 13,646 | D |
| Non-Qualified Stock OptionsF3 | $18.32 | Oct 12, 2015 | A | 35,211 | A | — | Oct 12, 2025 | Common Stock | 35,211 | 35,211 | D |
Explanation of responses
- F1Each restricted stock unit represents the right to receive one share of Quidel Corporation common stock.
- F2The restricted stock units are time based on a four-year cliff vest with full vesting on the fourth anniversary date of the grant date, October 12, 2019.
- F38,803 shares will vest on the first anniversary date of the grant date, October 12, 2016. 8,803 shares will vest on the second anniversary date of the grant date, October 12, 2017. 8,803 shares will vest on the third anniversary date of the grant date, October 12, 2018. 8,802 will vest on the fourth anniversary date of the grant date, October 12, 2019.