SEC Form 4 · accession 0001209191-15-008083

OPKO HEALTH, INC. · OPK

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Steven D Rubin

Officer — Executive VP-Administration · Director

Period of report

Jan 31, 2015

Accepted (ET)

Feb 2, 2015 · 6:02 am EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000944809

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock	Jan 31, 2015	M	345,480	$0.6728	A	4,823,746	D
Common Stock	Jan 31, 2015	M	345,480	$0.8473	A	5,169,226	D
Common Stock	Jan 31, 2015	M	345,480	$1.0466	A	5,514,706	D
Common Stock^F1,F2	Jan 31, 2015	F	75,299	$11.777	D	5,439,407	D
Common Stock^F3	Jan 31, 2015	M	22,125	$1.0466	A	15,512,671	I	See Footnote
Common Stock^F3	Jan 31, 2015	M	22,124	$0.8473	A	15,534,795	I	See Footnote
Common Stock^F3	Jan 31, 2015	M	22,124	$0.6728	A	15,556,919	I	See Footnote
Common Stock^F3	Jan 31, 2015	M	4,000,000	$0.4984	A	19,556,919	I	See Footnote
Common Stock^F4,F3	Jan 31, 2015	M	648,700	$0.3854	A	20,205,619	I	See Footnote
Common Stock^F3	Jan 31, 2015	M	81,085	$0.0019	A	20,286,704	I	See Footnote
Common Stock^F5,F2,F3	Jan 31, 2015	F	174,119	$11.777	D	20,112,585	I	See Footnote
Common Stock^F6,F7,F3	Jan 31, 2015	F	21,523	$11.616	D	20,091,062	I	See Footnote

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	D/I
Warrant (Right to Buy)	$0.6728	Jan 31, 2015	M	345,480	D	Mar 27, 2007	Mar 27, 2017	Common Stock	345,480	D
Warrant (Right to Buy)	$0.8473	Jan 31, 2015	M	345,480	D	Mar 27, 2007	Mar 27, 2017	Common Stock	345,480	D
Warrant (Right to Buy)	$1.0466	Jan 31, 2015	M	345,480	D	Mar 27, 2007	Mar 27, 2017	Common Stock	345,480	D
Warrant (Right to Buy)^F3	$0.4984	Jan 31, 2015	M	4,000,000	D	Mar 27, 2007	Mar 27, 2017	Common Stock	4,000,000	I
Warrant (Right to Buy)^F3	$0.0019	Jan 31, 2015	M	81,085	D	Mar 27, 2007	Jan 11, 2017	Common Stock	81,085	I
Warrant (Right to Buy)^F3,F4	$38.54	Jan 31, 2015	M	6,487	D	Mar 27, 2007	Jan 11, 2017	Common Stock	648,700	I
Warrant (Right to Buy)^F3	$0.6728	Jan 31, 2015	M	22,124	D	Mar 27, 2007	Mar 27, 2017	Common Stock	22,124	I
Warrant (Right to Buy)^F3	$0.8473	Jan 31, 2015	M	22,124	D	Mar 27, 2007	Mar 27, 2017	Common Stock	22,124	I
Warrant (Right to Buy)^F3	$1.0466	Jan 31, 2015	M	22,125	D	Mar 27, 2007	Mar 27, 2017	Common Stock	22,125	I

Explanation of responses

F1Represents number of shares withheld by the Company at the direction of the reporting person for the payment of exercise price. No shares of Common Stock were sold by the reporting person in connection with this transaction. The reporting person has retained the net number of shares issued upon the exercise of the option (961,141 shares).
F2Average closing market price of the Company's common stock on the three days prior to the transaction date.
F3These securities are owned directly by The Frost Group, LLC. The reporting person disclaims beneficial ownership of these securities, except to the extent of any pecuniary interest therein and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
F4Each of the 6,487 warrants is exercisable into 100 shares of common stock, resulting in a total of 648,700 shares of common stock. Table II reflects the exercise price of $38.54 per warrant and Table I reflects the corresponding price of $0.3854 per share of common stock.
F5Represents number of shares withheld by the Company at the direction of the reporting person for the payment of exercise price. No shares of Common Stock were sold by the reporting person in connection with this transaction. The reporting person has retained the net number of shares issued upon the exercise of the option (3,973,339 shares).
F6Represents number of shares withheld by the Company at the direction of the reporting person for the payment of exercise price. No shares of Common Stock were sold by the reporting person in connection with this transaction. The reporting person has retained the net number of shares issued upon the exercise of the option (627,177 shares).
F7Average closing market price of the Company's common stock on the five days prior to the transaction date.