SEC Form 4 · accession 0001209191-17-026862
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
Apr 12, 2017
Accepted (ET)
Apr 13, 2017 · 4:25 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 | Apr 12, 2017 | M | 265,000 | $2.36 | A | 5,840,251 | D | |
| Common StockF1,F2 | Apr 12, 2017 | F | 158,336 | $7.66 | D | 5,681,915 | 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 | $2.36 | Apr 12, 2017 | M | 265,000 | D | — | Apr 13, 2017 | Common Stock | 265,000 | 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 (106,664 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 April 14, 2010 and vest in four equal installments beginning on April 14, 2011.