SEC Form 4 · accession 0001209191-19-007938
QUIDEL CORP /DE/ · QDEL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Werner Kroll
Officer — SVP, R&D
Period of report
Feb 4, 2019
Accepted (ET)
Feb 6, 2019 · 9:24 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 | 1,201 | $0.00 | A | 17,206 | D | |
| Common StockF2,F3 | Feb 5, 2019 | F | 490 | $59.00 | D | 16,785 | 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 OptionF4 | $59.12 | Feb 4, 2019 | A | 7,850 | A | — | Feb 4, 2029 | Common Stock | 7,850 | 7,850 | D |
| Restricted Stock UnitsF5,F6 | — | Feb 4, 2019 | A | 3,925 | A | — | — | Common Stock | 3,925 | 3,925 | 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.
- F3The amount of securities beneficially owned following this transaction include an additional 69 shares due to the Reporting Person's purchase of shares pursuant to the Issuer's Employee Stock Purchase Plan.
- F43,925 shares will vest on the second anniversary date of the grant date, February 4, 2021. 1,963 shares will vest on the third anniversary date of the grant date, February 4, 2022. 1,962 shares will vest on the fourth anniversary date of the grant date, February 4, 2023.
- F5Each restricted stock unit represents the right to receive one share of Quidel Corporation common stock.
- F63,925 shares will vest on the fourth anniversary date of the grant date, February 4, 2023.