Jack Phillips - 04 Apr 2024 Form 4 Insider Report for Accelerate Diagnostics, Inc (AXDX)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
05 Apr 2024, 16:26:25 UTC
Prior SEC filing
06 Mar 2024
Next SEC filing
16 Apr 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ David Patience, attorney-in-fact

Key filing fact

Jack Phillips filed Form 4 for Accelerate Diagnostics, Inc (AXDX) on 05 Apr 2024.

Key facts

  • This page summarizes Jack Phillips's Form 4 filing for Accelerate Diagnostics, Inc (AXDX).
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 05 Apr 2024, 16:26.

Change

  • Previous filing in this sequence was filed on 06 Mar 2024.
  • Current net transaction value: -$13,981.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

AXDX transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+35,523
Change %
+46%
Price
$0.000000
Shares after
112,230
Date
04 Apr 2024
Ownership
Direct
Footnotes
F1
AXDX transaction

Common Stock

Sale

Transaction value
$13,981
Shares
-15,887
Change %
-14%
Price
$0.8800
Shares after
96,343
Date
04 Apr 2024
Ownership
Direct
Footnotes
F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

AXDX transaction Derivative

Employee Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-35,523
Change %
-40%
Price
$0.000000
Shares after
53,283
Date
04 Apr 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
35,523
Exercise price
Footnotes
F1
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

On April 4, 2022, the reporting person was granted a total of 88,806 restricted stock units ("RSUs"), of which 40% vest on April 4, 2024 and the remaining 60% vest on April 4, 2025. Each RSU represents a contingent right to receive one share of the issuer's common stock upon vesting.

Footnote 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.

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