Phillips Jack 4
4 · Accelerate Diagnostics, Inc · Filed Apr 16, 2024
Insider Transaction Report
Form 4
Phillips Jack
DirectorChief Executive Officer
Transactions
- Exercise/Conversion
Common Stock
2024-04-12+59,928→ 156,271 total - Sale
Common Stock
2024-04-12$0.86/sh−26,545$22,829→ 129,726 total - Exercise/Conversion
Employee Restricted Stock Units
2024-04-12−59,928→ 59,928 total→ Common Stock (59,928 underlying)
Footnotes (2)
- [F1]On March 5, 2024, the reporting person was granted a total of 119,856 restricted stock units ("RSUs"), of which 50% vest on April 12, 2024 and the remaining 50% vest on April 17, 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.