4//SEC Filing
Balak Salesh 4
Accession 0001437749-21-022139
CIK 0001279695other
Filed
Sep 13, 8:00 PM ET
Accepted
Sep 14, 8:26 PM ET
Size
15.5 KB
Accession
0001437749-21-022139
Insider Transaction Report
Form 4
Balak Salesh
Chief Financial Officier
Transactions
- Exercise/Conversion
Common Stock
2021-08-19+40,000→ 306,558 total - Award
Performance Rights
2021-08-19+500,000→ 500,000 totalExp: 2025-03-24→ Common Stock (500,000 underlying) - Award
Performance Rights
2021-08-19+250,000→ 250,000 totalExp: 2025-03-24→ Common Stock (250,000 underlying) - Exercise/Conversion
Stock Option (Right to Buy)
2021-08-19−40,000→ 0 totalExercise: $0.00Exp: 2022-01-29→ Common Stock (40,000 underlying)
Holdings
- 216,300
Stock Option (Right to Buy)
Exercise: $0.50Exp: 2024-02-27→ Common Stock (216,300 underlying) - 500,000
Stock Option (Right to Buy)
Exercise: $0.30Exp: 2025-03-24→ Common Stock (500,000 underlying) - 721,000
Stock Option (Right to Buy)
Exercise: $0.50Exp: 2023-04-20→ Common Stock (721,000 underlying)
Footnotes (8)
- [F1]Includes (i) 302,392 shares in the form of CDIs Mr. Balak holds directly and (ii) 4,166 restricted fully paid shares.
- [F2]The price reported is stated in Australian dollars.
- [F3]The options are fully vested but can only be exercised after 03/01/2021.
- [F4]206,000 of the stock options vested and became exercisable on 10/05/2016, 412,000 of the stock options vested and became exercisable on 12/31/2016 and 103,000 of the stock options vested and became exercisable on 02/23/2017.
- [F5]216,300 stock options vested and became exercisable on 12/31/2017.
- [F6]13,333 stock options vested and became exercisable on 12/31/2015, 13,333 stock options vested and became exercisable on 12/31/2016, and 13,334 stock options vested and became exercisable on 12/31/2017. These options were exercised on 08/19/2021.
- [F7]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.
- [F8]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 0001397500
Filing Metadata
- Form type
- 4
- Filed
- Sep 13, 8:00 PM ET
- Accepted
- Sep 14, 8:26 PM ET
- Size
- 15.5 KB