SEC Form 4 · accession 0001209191-18-003048
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
Jan 5, 2018
Accepted (ET)
Jan 9, 2018 · 8:49 pm EST
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,F2,F3 | Jan 5, 2018 | S | 4,000 | $47.02 | D | 3,426,053 | I | Trust & Other |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The weighted average sale price for these transactions was $47.02 per share, with a range of $47.00 to $47.58. Upon request, the Reporting Person hereby undertakes to provide to staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder, the full information regarding the number of shares sold at each separate price.
- F2The shares reported on this Form 4 as indirectly owned by the Reporting Person include 3,119,053 shares held indirectly by the Reporting Person's trust, 65,000 shares held indirectly by the Reporting Person's spouse, and 242,000 shares held by the Schuler Grandchildren's LLC. On prior Form 4s these shares were reported as directly owned and did not include the Reporting Person's spouse's shares; these changes to indirect ownership and to include the Reporting Person's spouse's shares were made to correct a clerical error.
- F3In addition to the shares reported on this Form 4 as indirectly owned by the Reporting Person, 1,006,428 shares are held indirectly by the Schuler Family Foundation and 523,524 shares are held indirectly by trusts for the benefit of the Reporting Person's children. The Reporting Person disclaims all beneficial ownership of the shares owned by the foundation and the trusts for the benefit of his children, except to the extent of his pecuniary interest, if any.
Remarks
All transactions reported herein were effected pursuant to a pre-established 10b5-1 trading plan established by The Schuler Grandchildren's LLC.