SEC Form 4 · accession 0000908662-15-000249
DYAX CORP · DYAX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David J McLachlan
Director
Period of report
Jun 8, 2015
Accepted (ET)
Jun 10, 2015 · 4:12 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000907562
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jun 8, 2015 | M | 75,000 | $2.09 | A | 104,100 | D | |
| Common StockF1 | Jun 8, 2015 | S | 75,000 | $25.6322 | D | 29,100 | D |
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)F2 | $2.09 | Jun 8, 2015 | M | 75,000 | D | — | May 14, 2019 | Common Stock | 75,000 | 0 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted-average price. These shares were sold in multiple transactions at prices ranging from $25.38 to $26.20, inclusive. The reporting person undertakes to provide to Dyax Corp., any security holder of Dyax Corp., or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote 1.
- F2Options became fully vested as of May 9, 2012.