SEC Form 4 · accession 0001209191-17-033753
QUIDEL CORP /DE/ · QDEL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jack W Schuler
Director · 10% Owner
Period of report
May 16, 2017
Accepted (ET)
May 18, 2017 · 8:09 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 (Premium)F2,F1,F3 | — | May 16, 2017 | A | 485 | A | — | — | Common Stock | 485 | 485 | D |
| Restricted Stock Units (Equity Grant)F1,F3 | — | May 16, 2017 | A | 2,016 | A | — | — | Common Stock | 2,016 | 2,016 | D |
| Non-Qualified Stock Options | $24.80 | May 16, 2017 | A | 5,065 | A | May 16, 2018 | May 16, 2027 | Common Stock | 5,065 | 5,065 | 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 2017 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 first anniversary date of the grant date, May 16, 2018.