Mertz Larry Michael 4
4 · Accelerate Diagnostics, Inc · Filed Apr 10, 2024
Insider Transaction Report
Form 4
Mertz Larry Michael
Chief Technology Officer
Transactions
- Exercise/Conversion
Employee Restricted Stock Units
2024-04-09−40,633→ 0 total→ Common Stock (40,633 underlying) - Sale
Common Stock
2024-04-09$0.87/sh−13,984$12,166→ 81,106 total - Exercise/Conversion
Common Stock
2024-04-09+40,633→ 95,090 total
Footnotes (2)
- [F1]On March 5, 2024, the reporting person was granted a total of 40,633 restricted stock units ("RSUs"), which vest on April 9, 2024. Each RSU represents a contingent right to receive one share of the issuer's common stock upon vesting.
- [F2]The sale reported on this Form 4 represents shares sold by the reporting person to cover tax withholding obligations in connection with the vesting and settlement of RSUs. The sale was to satisfy tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the reporting person.