SEC Form 4 · accession 0000899243-16-013573
IDEXX LABORATORIES INC /DE · IDXX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jacqueline Studer
Officer — See Remarks
Period of report
Feb 14, 2016
Accepted (ET)
Feb 17, 2016 · 5:48 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000874716
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 14, 2016 | M | 346 | $0.00 | A | 1,338 | D | |
| Common StockF2 | Feb 14, 2016 | F | 130 | $67.85 | D | 1,208 | 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 Option (right-to-buy)F6,F3 | $67.85 | Feb 14, 2016 | A | 22,027 | A | — | Feb 13, 2026 | Common Stock | 22,027 | 22,027 | D |
| Incentive Stock Option (right-to-buy)F6,F3 | $67.85 | Feb 14, 2016 | A | 1,477 | A | — | Feb 13, 2026 | Common Stock | 1,477 | 1,477 | D |
| Restricted Stock UnitF6,F4 | — | Feb 14, 2016 | A | 2,027 | A | — | — | Common Stock | 2,027 | 8,271 | D |
| Restricted Stock UnitF6,F5 | — | Feb 14, 2016 | M | 346 | D | — | — | Common Stock | 346 | 7,925 | D |
Explanation of responses
- F1Includes 145 shares in total acquired under the IDEXX Laboratories, Inc. Employee Stock Purchase Plan on September 30, 2015 (66) and December 31, 2015 (79), respectively.
- F2Closing price of Issuer's common stock on the NASDAQ market on February 12, 2016.
- F3Grant of option to buy shares of Issuer common stock that becomes exercisable in five annual installments beginning February 14, 2017.
- F4Each restricted stock unit ("RSU") represents a contingent right to receive one share of Issuer common stock. This RSU grant vests in five equal annual installments, beginning February 14, 2017.
- F5Each RSU represents a contingent right to receive one share of Issuer common stock. This RSU grant vests in five equal annual installments, beginning February 14, 2016. The number of RSUs have been adjusted to reflect the 2-for-1 stock split of Issuer common stock that occurred on June 15, 2015 (the "Stock Split").
- F6Not applicable.
Remarks
Corporate VP, General Counsel and Secretary