4//SEC Filing
Sharman John Stewart 4
Accession 0001437749-21-022138
CIK 0001279695other
Filed
Sep 13, 8:00 PM ET
Accepted
Sep 14, 8:25 PM ET
Size
17.0 KB
Accession
0001437749-21-022138
Insider Transaction Report
Form 4
Sharman John Stewart
Chief Executive Officer
Transactions
- Gift
Stock Option (Right to Buy)
2020-03-24−1,000,000→ 1,364,666 totalExercise: $0.20Exp: 2024-03-24→ Common Stock (1,000,000 underlying) - Gift
Stock Option (Right to Buy)
2020-03-24+1,000,000→ 1,000,000 total(indirect: By Spouse)Exercise: $0.20Exp: 2024-03-24→ Common Stock (1,000,000 underlying) - Award
Performance Rights
2021-08-19+2,500,000→ 2,500,000 totalExp: 2025-03-24→ Common Stock (2,500,000 underlying) - Award
Performance Rights
2021-08-19+1,250,000→ 1,250,000 totalExp: 2025-03-24→ Common Stock (1,250,000 underlying)
Holdings
- 2,364,667
Stock Option (Right to Buy)
Exercise: $0.25Exp: 2025-03-24→ Common Stock (2,364,667 underlying) - 276,217(indirect: By Spouse)
Common Stock
- 1,364,667
Stock Option (Right to Buy)
Exercise: $0.30Exp: 2025-03-24→ Common Stock (1,364,667 underlying) - 1,000,000(indirect: By superannuation fund)
Stock Option (Right to Buy)
Exercise: $0.30Exp: 2025-03-24→ Common Stock (1,000,000 underlying)
Footnotes (6)
- [F1]The reporting person disclaims beneficial ownership of the shares held by his wife, and this report should not be deemed an admission that the reporting person is the beneficial owner of his wife's shares for purposes of Section 16 or for any other purpose.
- [F2]The price reported is stated in Australian dollars.
- [F3]This transaction involved a gift of securities by the reporting person to his wife, who shares reporting person's household.
- [F4]The options are fully vested and became exercisable after September 24, 2020.
- [F5]Each performance right represents a contingent right to receive one share of common stock of Universal Biosensors, Inc. ("UBI"). The performance rights vest upon, among other triggers, UBI's market capitalization having achieved a specified threshold.
- [F6]Each performance right represents a contingent right to receive one share of common stock of UBI. The performance rights vest upon a change of control transaction with a value greater a specified threshold.
Documents
Issuer
UNIVERSAL BIOSENSORS INC
CIK 0001279695
Entity typeother
Related Parties
1- filerCIK 0001812991
Filing Metadata
- Form type
- 4
- Filed
- Sep 13, 8:00 PM ET
- Accepted
- Sep 14, 8:25 PM ET
- Size
- 17.0 KB