David Patience - Dec 13, 2023 Form 4 Insider Report for Accelerate Diagnostics, Inc (AXDX)

Signature
/s/ David Patience
Stock symbol
AXDX
Transactions as of
Dec 13, 2023
Transactions value $
-$426
Form type
4
Date filed
12/14/2023, 05:14 PM
Previous filing
Nov 14, 2023
Next filing
Jan 25, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AXDX Common Stock Options Exercise $0 +331 +3.81% $0.00 9.03K Dec 13, 2023 Direct F1
transaction AXDX Common Stock Sale -$426 -97 -1.07% $4.39 8.93K Dec 13, 2023 Direct F2
holding AXDX Common Stock 760 Dec 13, 2023 By Spouse IRA

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AXDX Employee Restricted Stock Units Options Exercise $0 -331 -100% $0.00* 0 Dec 13, 2023 Common Stock 331 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person was granted restricted stock units ("RSUs"), which represent a contingent right to receive one share of the issuer's common stock for each RSU. On March 13, 2021, the reporting person was granted a total of 3,970 RSUs, which vests in equal amounts every month for 12 months, which started vesting on January 13, 2023.
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.