SEC Form 4 · accession 0000908662-16-000389
DYAX CORP · DYAX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Henry E Blair
Director
Period of report
Jan 12, 2016
Accepted (ET)
Jan 14, 2016 · 4:14 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 | Jan 12, 2016 | M | 70,000 | $2.94 | A | 421,722 | D | |
| Common Stock | Jan 12, 2016 | M | 50,000 | $2.39 | A | 471,722 | D | |
| Common Stock | Jan 12, 2016 | M | 50,000 | $2.09 | A | 521,722 | D | |
| Common Stock | Jan 12, 2016 | M | 50,000 | $3.15 | A | 571,722 | D | |
| Common Stock | Jan 12, 2016 | M | 50,000 | $2.09 | A | 621,722 | D | |
| Common Stock | Jan 12, 2016 | M | 25,000 | $1.51 | A | 646,722 | D | |
| Common Stock | Jan 12, 2016 | M | 51,414 | $2.06 | A | 698,136 | D | |
| Common Stock | Jan 12, 2016 | M | 117,646 | $2.06 | A | 815,782 | D | |
| Common Stock | Jan 12, 2016 | M | 117,646 | $2.06 | A | 933,428 | D | |
| Common Stock | Jan 12, 2016 | M | 66,667 | $2.30 | A | 1,000,095 | D | |
| Common Stock | Jan 12, 2016 | M | 16,667 | $26.23 | A | 1,016,762 | D | |
| Common Stock | holding | — | — | — | 100 | I | By wife |
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 | $2.94 | Jan 12, 2016 | M | 70,000 | D | — | Jul 3, 2016 | Common Stock | 70,000 | 0 | D |
| Stock Option (right to buy)F2 | $2.39 | Jan 12, 2016 | M | 50,000 | D | — | Feb 11, 2019 | Common Stock | 50,000 | 0 | D |
| Stock Option (right to buy)F3 | $2.09 | Jan 12, 2016 | M | 50,000 | D | — | May 14, 2019 | Common Stock | 50,000 | 0 | D |
| Stock Option (right to buy)F4 | $3.15 | Jan 12, 2016 | M | 50,000 | D | — | May 6, 2020 | Common Stock | 50,000 | 0 | D |
| Stock Option (right to buy)F5 | $2.09 | Jan 12, 2016 | M | 50,000 | D | — | May 12, 2021 | Common Stock | 50,000 | 0 | D |
| Stock Option (right to buy)F6 | $1.51 | Jan 12, 2016 | M | 25,000 | D | — | May 9, 2022 | Common Stock | 25,000 | 0 | D |
| Stock Option (right to buy)F7 | $2.06 | Jan 12, 2016 | M | 51,414 | D | — | Jun 20, 2017 | Common Stock | 51,414 | 0 | D |
| Stock Option (right to buy)F7 | $2.06 | Jan 12, 2016 | M | 117,646 | D | — | Jul 2, 2017 | Common Stock | 117,646 | 0 | D |
| Stock Option (right to buy)F7 | $2.06 | Jan 12, 2016 | M | 117,646 | D | — | Feb 13, 2018 | Common Stock | 117,646 | 0 | D |
| Stock Option (right to buy)F8 | $2.30 | Jan 12, 2016 | M | 66,667 | D | — | May 9, 2023 | Common Stock | 66,667 | 8,333 | D |
| Stock Option (right to buy)F9 | $26.23 | Jan 12, 2016 | M | 16,667 | D | — | May 12, 2025 | Common Stock | 16,667 | 8,333 | D |
Explanation of responses
- F1The options became fully exercisable on July 3, 2010.
- F2The options became fully exercisable on May 14, 2009.
- F3The options became fully exercisable on May 14, 2010.
- F4The options became fully exercisable on May 12, 2011.
- F5The options became fully exercisable on May 9, 2012.
- F6The options became fully exercisable on May 9, 2013.
- F7The options became fully exercisable on May 8, 2014.
- F8The option becomes exercisable in thirty-six (36) substantially equal installments at the end of each monthly anniversary of the date of grant (May 9, 2013) for a period of thirty-five (35) months, with the 36th monthly installment to become exercisable as of the commencement of business on the date of the 2016 Annual Meeting of Stockholders at which such director is up for reelection or at which such director's term ends.
- F9The option becomes exercisable in twelve (12) substantially equal installments on each monthly anniversary of the date of grant, May 12, 2015.