SEC Form 4 · accession 0001209191-18-031215
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 15, 2018
Accepted (ET)
May 17, 2018 · 8:05 pm EDT
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 | May 16, 2018 | M | 2,016 | $0.00 | A | 50,135 | D | |
| Common StockF1 | May 17, 2018 | M | 3,186 | $0.00 | A | 53,321 | D | |
| Common StockF1 | May 17, 2018 | M | 637 | $0.00 | A | 53,958 | D |
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)F3,F2,F4 | — | May 15, 2018 | A | 833 | A | — | — | Common Stock | 833 | 833 | D |
| Restricted Stock Units (Premium)F3,F2,F5 | — | May 15, 2018 | A | 166 | A | — | — | Common Stock | 166 | 166 | D |
| Restricted Stock Units (Equity Grant)F2,F5 | — | May 15, 2018 | A | 1,661 | A | — | — | Common Stock | 1,661 | 1,661 | D |
Explanation of responses
- F1Reflects vesting of prior restricted stock units, which were previously reported on a Form 4.
- F2Each restricted stock unit represents the right to receive one share of Quidel Corporation common Stock.
- F3The 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.
- F4The restricted stock units vest on the date of grant, May 15, 2018.
- F5The restricted stock units vest on May 15, 2019.