SEC Form 4 · accession 0001140361-18-021603
ABAXIS INC · ABAX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Craig Tockman
Officer — VP-Sales & Mktg, Animal Health
Period of report
May 1, 2018
Accepted (ET)
May 3, 2018 · 7:30 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000881890
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | May 1, 2018 | M | 450 | $0.00 | A | 18,716 | D | |
| Common Stock | May 1, 2018 | F | 224 | $0.00 | D | 18,492 | D | |
| Common Stock | May 2, 2018 | M | 900 | $0.00 | A | 19,392 | D | |
| Common Stock | May 2, 2018 | F | 447 | $0.00 | D | 18,945 | 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 UnitsF1,F2,F3 | $0.00 | May 1, 2018 | M | 450 | D | May 1, 2018 | — | Common Stock | 450 | 8,550 | D |
| Restricted Stock UnitsF1,F2,F3 | $0.00 | May 2, 2018 | M | 900 | D | May 2, 2018 | — | Common Stock | 900 | 7,650 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Abaxis common stock.
- F2Granted under the Abaxis 2014 Equity Incentive Plan. Restricted stock units vest as to 5% after the first year; then vest as to 10% after the second year; then vest as to 15% after the third year; and the remaining 70% after the fourth year.
- F3Not applicable.