SEC Form 4 · accession 0001144204-17-063960
Accelerate Diagnostics, Inc · AXDX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jack W Schuler
Director · 10% Owner
Period of report
Dec 13, 2017
Accepted (ET)
Dec 15, 2017 · 3:35 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000727207
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2,F6 | Dec 13, 2017 | M | 44,670 | $6.48 | A | 13,116,847 | I | By Jack W. Schuler Living Trust |
| Common StockF1,F2,F6 | Dec 13, 2017 | M | 8,181 | $14.37 | A | 13,169,698 | I | By Jack W. Schuler Living Trust |
| Common StockF3,F6 | holding | — | — | — | 1,500,323 | I | By Schuler Family Foundation | |
| Common StockF4,F6 | holding | — | — | — | 689,355 | I | By Schuler Grandchildren LLC | |
| Common StockF5,F6 | holding | — | — | — | 689,355 | I | By Schuler GC 2010 Continuation Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F7 | $6.48 | Dec 13, 2017 | M | 44,670 | D | — | Apr 3, 2023 | Common Stock | 44,670 | 0 | D |
| Stock Option (right to buy)F8 | $14.37 | Dec 13, 2017 | M | 8,181 | D | — | Apr 1, 2026 | Common Stock | 8,181 | 0 | D |
Explanation of responses
- F1Includes 52,851 shares issued to the reporting person upon exercise by the reporting person of the options reported herein, which shares were transferred to the Jack W. Schuler Living Trust and are held indirectly by the reporting person through the Jack W. Schuler Living Trust.
- F2Mr. Schuler has sole voting and dispositive power with respect to such shares in his capacity as trustee of the Jack W. Schuler Living Trust.
- F3Mr. Schuler has sole voting and dispositive power with respect to such shares in his capacity as President of the Schuler Family Foundation.
- F4Mr. Schuler has sole voting and dispositive power with respect to such shares in his capacity as manager of Schuler Grandchildren LLC.
- F5Mr. Schuler has shared voting and dispositive power with respect to such shares in his capacity as the grantor of Schuler GC 2010 Continuation Trust.
- F6The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
- F7The stock option vested in 12 equal monthly installments, with the first installment vesting on May 3, 2013.
- F8The stock option vested in 12 equal monthly installments, with the first installment vesting on May 1, 2016.