SEC Form 4 · accession 0000908662-16-000394
DYAX CORP · DYAX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Andrew D. Ashe
Officer — General Counsel & EVP
Period of report
Jan 14, 2016
Accepted (ET)
Jan 15, 2016 · 4:20 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 14, 2016 | M | 625 | $2.39 | A | 34,752 | D | |
| Common Stock | Jan 14, 2016 | M | 5,150 | $1.87 | A | 39,902 | D | |
| Common Stock | Jan 14, 2016 | M | 18,125 | $1.41 | A | 58,027 | D | |
| Common Stock | Jan 14, 2016 | M | 38,750 | $1.48 | A | 96,777 | D | |
| Common Stock | Jan 14, 2016 | M | 54,688 | $3.00 | A | 151,465 | D | |
| Common Stock | Jan 14, 2016 | M | 51,563 | $4.33 | A | 203,028 | D | |
| Common Stock | Jan 14, 2016 | M | 66,000 | $10.20 | A | 269,028 | D | |
| Common Stock | Jan 14, 2016 | M | 62,500 | $15.23 | A | 331,528 | 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 | $2.39 | Jan 14, 2016 | M | 625 | D | — | Feb 11, 2019 | Common Stock | 625 | 0 | D |
| Stock Option (right to buy)F2 | $1.87 | Jan 14, 2016 | M | 5,150 | D | — | Feb 10, 2021 | Common Stock | 5,150 | 0 | D |
| Stock Option (right to buy)F3 | $1.41 | Jan 14, 2016 | M | 18,125 | D | — | Jan 3, 2022 | Common Stock | 18,125 | 0 | D |
| Stock Option (right to buy)F4 | $1.48 | Jan 14, 2016 | M | 38,750 | D | — | Feb 24, 2022 | Common Stock | 38,750 | 17,565 | D |
| Stock Option (right to buy)F5 | $3.00 | Jan 14, 2016 | M | 54,688 | D | — | Feb 17, 2023 | Common Stock | 54,688 | 20,312 | D |
| Stock Option (right to buy)F6 | $4.33 | Jan 14, 2016 | M | 51,563 | D | — | Apr 1, 2023 | Common Stock | 51,563 | 23,437 | D |
| Stock Option (right to buy)F7 | $10.20 | Jan 14, 2016 | M | 66,000 | D | — | Feb 27, 2024 | Common Stock | 66,000 | 78,000 | D |
| Stock Option (right to buy)F8 | $15.23 | Jan 14, 2016 | M | 62,500 | D | — | Feb 18, 2025 | Common Stock | 62,500 | 237,500 | D |
Explanation of responses
- F1The options became fully exercisable on February 11, 2013.
- F2The options became fully exercisable on February 10, 2015.
- F3The options became fully exercisable on January 3, 2016.
- F4The options become exercisable in forty-eight (48) substantially equal installments at the end of each monthly anniversary of the date of grant, February 24, 2016.
- F5The options become exercisable in forty-eight (48) substantially equal installments at the end of each monthly anniversary of the date of grant, February 17, 2013.
- F6The options become exercisable in forty-eight (48) substantially equal installments at the end of each monthly anniversary of the date of grant, April 1, 2017.
- F7The options become exercisable in forty-eight (48) substantially equal installments at the end of each monthly anniversary of the date of grant, February 27, 2014.
- F8The options become exercisable in forty-eight (48) substantially equal installments at the end of each monthly anniversary of the date of grant, February 18, 2015.