Douglas C. Bryant - Jan 31, 2022 Form 4 Insider Report for QUIDEL CORP /DE/ (QDEL)

Role
President & CEO, Director
Signature
Robert J. Bujarski, attorney-in-fact for Douglas C. Bryant
Stock symbol
QDEL
Transactions as of
Jan 31, 2022
Transactions value $
-$56,583
Form type
4
Date filed
2/2/2022, 08:55 PM
Previous filing
Jan 19, 2022
Next filing
Feb 7, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QDEL Common Stock Award $0 +1.12K +0.22% $0.00 505K Feb 1, 2022 Direct F1
transaction QDEL Common Stock Tax liability -$56.6K -553 -0.11% $102.32* 504K Feb 1, 2022 Direct F2

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 QDEL Non-Qualified Stock Option Award $0 +27K $0.00 27K Jan 31, 2022 Common Stock 27K $103.36 Direct F3
transaction QDEL Restricted Stock Units Award $0 +27K $0.00 27K Jan 31, 2022 Common Stock 27K Direct F3, F4
transaction QDEL Restricted Stock Units Award $0 +24.2K $0.00 24.2K Jan 31, 2022 Common Stock 24.2K Direct F4, F5
transaction QDEL Restricted Stock Units (Converted) Award $0 +2.65K $0.00 2.65K Jan 31, 2022 Common Stock 2.65K Direct F4, F6, F7
transaction QDEL Restricted Stock Units (Premium) Award $0 +794 $0.00 794 Jan 31, 2022 Common Stock 794 Direct F4, F6, F8
transaction QDEL Restricted Stock Units Options Exercise $0 -1.12K -24.99% $0.00 3.35K Feb 1, 2022 Common Stock 1.12K Direct F4, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects release of restricted stock units that were previously reported on a Form 4.
F2 Disposition of shares, as set forth above, was in connection with the Issuer's withholding of common shares to satisfy tax withholding obligations related to the issuance of common shares upon release of restricted stock units.
F3 6,760 shares vest on the first anniversary date of the grant date, January 31, 2023; 6,761 shares vest on the second anniversary date of the grant date, January 31, 2024; 6,761 shares vest on the third anniversary date of the grant date, January 31, 2025; and 6,761 shares vest on the fourth anniversary date of the grant date, January 31, 2026.
F4 Each restricted stock unit represents the right to receive one (1) share of Quidel Corporation common stock.
F5 12,093 shares vest on the second anniversary date of the grant date, January 31, 2024; 6,047 shares vest on the third anniversary date of the grant date, January 31, 2025; and 6,047 shares vest on the fourth anniversary date of the grant date, January 31, 2026.
F6 The restricted stock units were received in lieu of cash payments to the reporting person under a deferred compensation program applicable to participating employees. Vested restricted stock units may be deferred, in which case, payment will occur according to the elected deferral schedule.
F7 The restricted stock units vest on January 31, 2022.
F8 The restricted stock units vest on January 31, 2023.
F9 One-quarter of the shares subject to the original grant vest annually over a four-year period, commencing on the first anniversary date of the grant date.