SEC Form 4 · accession 0000908662-15-000277
DYAX CORP · DYAX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gustav Christensen
Officer — CEO and President · Director
Period of report
Aug 3, 2015
Accepted (ET)
Aug 5, 2015 · 5:23 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 | Aug 3, 2015 | M | 76,045 | $1.91 | A | 288,545 | D | |
| Common Stock | Aug 3, 2015 | G | 50,000 | $0.00 | D | 238,545 | D | |
| Common Stock | Aug 3, 2015 | M | 250,000 | $2.09 | A | 488,545 | D | |
| Common Stock | Aug 3, 2015 | S | 86,315 | $24.1876 | D | 402,230 | D | |
| Common Stock | Aug 3, 2015 | M | 67,967 | $3.00 | A | 470,197 | D | |
| Common StockF2 | Aug 4, 2015 | S | 70,090 | $23.8671 | D | 400,107 | D | |
| Common Stock | Aug 5, 2015 | S | 93,595 | $23.5409 | D | 306,512 | 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)F3 | $1.91 | Aug 3, 2015 | M | 76,045 | D | — | Feb 10, 2021 | Common Stock | 76,045 | 523,955 | D |
| Stock Option (right to buy)F4 | $2.09 | Aug 3, 2015 | M | 250,000 | D | — | May 14, 2019 | Common Stock | 250,000 | 0 | D |
| Stock Option (right to buy)F4 | $3.00 | Aug 3, 2015 | M | 67,967 | D | — | Feb 7, 2023 | Common Stock | 67,967 | 332,033 | D |
Explanation of responses
- F1The sales reported in this Form 4 were effected pursuant to a rule 10b5-1 trading plan.
- F2The price reported in Column 4 is a weighted-average price. These shares were sold in multiple transactions at prices ranging from $23.59 to $24.46, 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 2.
- F3The options were fully exercisable as of February 10, 2015.
- F4The options were fully exercisable as of May 14, 2013.