Ho Mark 4
4 · VERACYTE, INC. · Filed Mar 3, 2020
Insider Transaction Report
Form 4
VERACYTE, INC.VCYT
Ho Mark
Other
Transactions
- Tax Payment
Common Stock
2020-03-02−486→ 25,419 total - Award
Common Stock
2020-02-28+3,000→ 25,905 total - Award
Stock Option (right to buy)
2020-02-28+17,500→ 17,500 totalExercise: $24.69Exp: 2030-02-27→ Common Stock (17,500 underlying)
Footnotes (4)
- [F1]Restricted stock units awarded on February 28, 2020 vest 25% on March 2, 2021 and 1/16 per quarter thereafter subject to continuing employment of the Reporting Person on each vesting date.
- [F2]Includes 1,147 shares of common stock purchased pursuant to the Veracyte, Inc. Employee Stock Purchase Plan.
- [F3]Shares relinquished by the Reporting Person and cancelled by the Issuer in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting Person resulting from the vesting of restricted stock units. The Reporting Person did not sell or otherwise dispose of the shares for any reason other than to cover required taxes.
- [F4]The option becomes exercisable as to 25% of the shares on February 28, 2021, and the remaining shares vest at a rate of 1/48th of the total number of shares subject to the award for each month of continuous service thereafter.