Phillips Jack 4
4 · Accelerate Diagnostics, Inc · Filed Feb 4, 2025
Insider Transaction Report
Form 4
Phillips Jack
DirectorChief Executive Officer
Transactions
- Exercise/Conversion
Employee Restricted Stock Units
2025-02-01−1,000→ 0 total→ Common Stock (1,000 underlying) - Sale
Common Stock
2025-02-03$1.35/sh−485$655→ 163,434 total - Exercise/Conversion
Common Stock
2025-02-01+1,000→ 163,919 total
Footnotes (3)
- [F1]Each restricted stock unit ("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.
- [F3]On February 1, 2020, the reporting person was granted a total of 5,000 RSUs, which vest in equal annual amounts on each anniversary of the grant date over five years, beginning on February 1, 2021 and ending on February 1, 2025.