SEC Form 4 · accession 0001209191-18-030187
OPKO HEALTH, INC. · OPK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard A Lerner
Director
Period of report
May 14, 2018
Accepted (ET)
May 15, 2018 · 4:13 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 14, 2018 | M | 45,000 | $3.43 | A | 45,000 | D | |
| Common StockF1,F2 | May 14, 2018 | F | 32,291 | $4.78 | D | 12,709 | D | |
| Common Stock | May 14, 2018 | G | 12,709 | $0.00 | D | 0 | D | |
| Common StockF3 | May 14, 2018 | G | 12,709 | $0.00 | A | 178,881 | I | See Footnote |
| Common StockF4 | holding | — | — | — | 20,000 | 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) | $3.43 | May 14, 2018 | M | 20,000 | D | Jun 9, 2012 | Jun 8, 2018 | Common Stock | 20,000 | 0 | D |
| Stock Option (Right to Buy)F5 | $3.43 | May 14, 2018 | M | 25,000 | D | — | Jun 8, 2018 | Common Stock | 25,000 | 0 | D |
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 (12,709 shares).
- F2Closing market price of the Company's common stock on the transaction date.
- F3Securites held by the Lerner Family Trust, Richard A & Nicola G Lerner Trustees U/A Dated 11/14/1994.
- F4These securities are owned by Dr. Lerner's spouse and are held in the Nicola G. Lerner IRA account. 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 any other purpose.
- F5This option vested as follows: 8,333 shares on each of June 9, 2012 and June 9, 2013, and 8,334 shares on June 9, 2014.