SEC Form 4 · accession 0001209191-17-057394
QUIDEL CORP /DE/ · QDEL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ratan S Borkar
Officer — SVP, Intl Comm Operations
Period of report
Oct 16, 2017
Accepted (ET)
Oct 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock OptionF1 | $41.36 | Oct 16, 2017 | A | 8,902 | A | — | Oct 16, 2027 | Common Stock | 8,902 | 8,902 | D |
| Restricted Stock Units (Equity Grant)F2,F3 | — | Oct 16, 2017 | A | 3,626 | A | — | — | Common Stock | 3,626 | 3,626 | D |
Explanation of responses
- F14,451 shares will vest on the second anniversary date of the grant date, October 16, 2019; 2,226 shares will vest on the third anniversary date of the grant date, October 16, 2020; and 2,225 shares will vest on the fourth anniversary date of the grant date, October 16, 2021.
- F2Each restricted stock unit represents the right to receive one share of Quidel Corporation common stock.
- F3The 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 16, 2021.