SEC Form 4 · accession 0001209191-19-007934
QUIDEL CORP /DE/ · QDEL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Douglas C Bryant
Officer — President & CEO · Director
Period of report
Feb 4, 2019
Accepted (ET)
Feb 6, 2019 · 9:18 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 | Feb 5, 2019 | A | 3,204 | $0.00 | A | 297,517 | D | |
| Common StockF2 | Feb 5, 2019 | F | 1,588 | $59.00 | D | 295,929 | D |
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 OptionsF3 | $59.12 | Feb 4, 2019 | A | 37,440 | A | — | Feb 4, 2029 | Common Stock | 37,440 | 37,440 | D |
| Restricted Stock UnitsF4,F5 | — | Feb 4, 2019 | A | 18,720 | A | — | — | Common Stock | 18,720 | 18,720 | D |
Explanation of responses
- F1Reflects release of restricted stock units that were previously reported on a Form 4.
- F2Disposition of shares, as set forth above, was in connection with the Issuer's withholding of common shares to satisfy tax withholding obligations related to the issuance of common shares upon release of restricted stock units.
- F318,720 shares will vest on the second anniversary date of the grant date, February 4, 2021. 9,360 shares will vest on the third anniversary date of the grant date, February 4, 2022. 9,360 shares will vest on the fourth anniversary date of the grant date, February 4, 2023.
- F4Each restricted stock unit represents the right to receive one share of Quidel Corporation common stock.
- F518,720 shares will vest on the fourth anniversary date of the grant date, February 4, 2023.