SEC Form 4 · accession 0001209191-16-121878
QUIDEL CORP /DE/ · QDEL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas D Brown
Director
Period of report
May 17, 2016
Accepted (ET)
May 19, 2016 · 7:36 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 Units (Converted)F2,F1,F3 | — | May 17, 2016 | A | 3,186 | A | — | — | Common Stock | 3,186 | 3,186 | D |
| Restricted Stock Units (Premium)F2,F1,F4 | — | May 17, 2016 | A | 637 | A | — | — | Common Stock | 637 | 637 | D |
| Restricted Stock Units (Equity Grant)F1,F4 | — | May 17, 2016 | A | 962 | A | — | — | Common Stock | 962 | 962 | D |
| Non-Qualified Stock Option | $15.74 | May 17, 2016 | A | 7,021 | A | May 17, 2017 | May 17, 2026 | Common Stock | 7,021 | 7,021 | D |
Explanation of responses
- F1Each restricted stock unit represents the right to receive one share of Quidel Corporation Common Stock.
- F2The 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. Vested restricted stock units may be deferred, in which case, payment will occur according to the elected deferral schedule.
- F3The restricted stock units vest on the date of grant, May 17, 2016.
- F4The restricted stock units vest on May 17, 2017.