SEC Form 4 · accession 0001209191-16-117834
OPKO HEALTH, INC. · OPK
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
Steven D Rubin
Officer — Executive VP-Administration · Director
Period of report
May 3, 2016
Accepted (ET)
May 5, 2016 · 5:20 pm EDT
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 | May 3, 2016 | M | 250,000 | $1.16 | A | 5,692,407 | D | |
| Common StockF1,F2 | May 3, 2016 | F | 134,918 | $10.34 | D | 5,557,489 | D | |
| Common StockF3 | holding | — | — | — | 20,091,062 | I | See Footnote |
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)F4 | $1.16 | May 3, 2016 | M | 250,000 | D | — | May 4, 2016 | Common Stock | 250,000 | 0 | D |
Explanation of responses
- F1Represents the number of shares withheld by the Company at the direction of the reporting person for payment of the exercise price and tax liability in connection with the exercise of the stock option. 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, less the amount retained to pay the associated tax liability (115,082 of shares).
- F2Closing market price of the Company's common stock on 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.
- F4The options were granted on May 5, 2009 and vested in four equal installments beginning on May 5, 2010.