SEC Form 4 · accession 0000908662-15-000375
DYAX CORP · DYAX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Burt A Adelman
Officer — CMO & EVP, R&D
Period of report
Dec 22, 2015
Accepted (ET)
Dec 22, 2015 · 4:11 pm EST
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 | Dec 22, 2015 | M | 10,000 | $1.48 | A | 65,625 | 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)F1 | $1.48 | Dec 22, 2015 | M | 10,000 | D | — | Feb 24, 2022 | Common Stock | 10,000 | 182,500 | D |
Explanation of responses
- F1The option becomes exercisable in 48 substantially equal installments, beginning on March 24, 2012, at the end of each monthly anniversary of the date of grant (February 24, 2012).