Stier Eric 4
4 · GenMark Diagnostics, Inc. · Filed Jan 25, 2021
Insider Transaction Report
Form 4
Stier Eric
SVP and General Counsel
Transactions
- Exercise/Conversion
Common Stock
2021-01-21+33,979→ 264,016 total - Exercise/Conversion
Market Stock Units
2021-01-21−25,761→ 7,917 totalExercise: $0.00→ Common Stock (25,761 underlying) - Exercise/Conversion
Common Stock
2021-01-21+25,761→ 289,777 total - Sale
Common Stock
2021-01-25$14.22/sh−29,658$421,737→ 277,619 total - Exercise/Conversion
Market Stock Units
2021-01-21−17,500→ 17,500 totalExercise: $0.00→ Common Stock (17,500 underlying) - Exercise/Conversion
Common Stock
2021-01-21+17,500→ 307,277 total - Exercise/Conversion
Market Stock Units
2021-01-21−33,979→ 0 totalExercise: $0.00→ Common Stock (33,979 underlying)
Footnotes (5)
- [F1]The shares were sold pursuant to pre-established trading instructions solely to satisfy tax withholding obligations in connection with the partial vesting of previously granted market stock units.
- [F2]The MSUs vested in three equal installments, on each of December 31, 2018, December 31, 2019, and December 31, 2020; provided that, at the end of the second and third performance periods, the Reporting Person was eligible to receive any shares that were not earned in the first and second performance periods to the extent that the Issuer's two-year or three-year total shareholder return, as applicable, exceeds the prior performance results as compared to the NASDAQ Composite Index. Based on actual performance, the Reporting Person was issued the maximum number of shares on the Issuer's three-year total Shareholder return, as compared to the Nasdaq Composite Index.
- [F3]The MSUs vest in three equal installments, on each of December 31, 2019, December 31, 2020, and December 31, 2021; provided that, at the end of the second and third annual performance periods, the Reporting Person is eligible to receive any shares that were not earned in the first and second annual performance periods to the extent that the Issuer's two-year or three-year total shareholder return, as applicable, exceeds the prior performance results as compared to the Nasdaq Composite Index. Based on actual performance, the Reporting Person was issued the maximum number of shares on the Issuer's two-year total Shareholder return, as compared to the Nasdaq Composite Index.
- [F4]Represents the target number of shares which remain subject to the award.
- [F5]The MSUs vest in three equal installments, on each of December 31, 2020, December 31, 2021, and December 31, 2022; provided that, at the end of the second and third performance periods, the Reporting Person is eligible to receive any shares that were not earned in the first and second performance periods to the extent that the Issuer's two-year or three-year total shareholder return, as applicable, exceeds the prior performance results as compared to the NASDAQ Composite Index. Based on actual performance, the Reporting Person was issued the maximum number of shares on the Issuer's one-year total Shareholder return, as compared to the Nasdaq Composite Index.