SEC Form 4 · accession 0000908662-16-000398
DYAX CORP · DYAX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David J McLachlan
Director
Period of report
Jan 14, 2016
Accepted (ET)
Jan 15, 2016 · 4:23 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 | 75,000 | $1.51 | A | 104,100 | D | |
| Common Stock | Jan 14, 2016 | M | 33,333 | $26.23 | A | 137,433 | 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 | $1.51 | Jan 14, 2016 | M | 75,000 | D | — | May 9, 2022 | Common Stock | 75,000 | 0 | D |
| Stock Option (right to buy)F2 | $26.23 | Jan 14, 2016 | M | 33,333 | D | — | May 12, 2025 | Common Stock | 33,333 | 16,667 | D |
Explanation of responses
- F1The options became fully exercisable on May 12, 2015.
- F2The options become exercisable in twelve (12) substantially equal installments on each monthly anniversary of the date of grant, May 12, 2015.