Tamara A. Ranalli - Jan 31, 2022 Form 4 Insider Report for QUIDEL CORP /DE/ (QDEL)

Role
SVP, Molecular Bus. Unit
Signature
Robert J. Bujarski, attorney-in-fact for Tamara A. Ranalli
Stock symbol
QDEL
Transactions as of
Jan 31, 2022
Transactions value $
-$11,869
Form type
4
Date filed
2/2/2022, 08:58 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 +473 +3.22% $0.00 15.2K Feb 1, 2022 Direct F1
transaction QDEL Common Stock Tax liability -$11.9K -116 -0.77% $102.32* 15K 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 +4.96K $0.00 4.96K Jan 31, 2022 Common Stock 4.96K $103.36 Direct F3
transaction QDEL Restricted Stock Units Award $0 +4.96K $0.00 4.96K Jan 31, 2022 Common Stock 4.96K Direct F4, F5
transaction QDEL Restricted Stock Units Award $0 +3.39K $0.00 3.39K Jan 31, 2022 Common Stock 3.39K Direct F4, F6
transaction QDEL Restricted Stock Units Options Exercise $0 -473 -24.99% $0.00 1.42K Feb 1, 2022 Common Stock 473 Direct F4, F7
* 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 1,239 shares vest on the first anniversary date of the grant date, January 31, 2023; 1,239 shares vest on the second anniversary date of the grant date, January 31, 2024; 1,239 shares vest on the third anniversary date of the grant date, January 31, 2025; and 1,240 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 1,239 shares vest on the first anniversary date of the grant date, January 31, 2023; 1,239 shares vest on the second anniversary date of the grant date, January 31, 2024; 1,240 shares vest on the third anniversary date of the grant date, January 31, 2025; and 1,240 shares vest on the fourth anniversary date of the grant date, January 31, 2026.
F6 1,693 shares vest on the second anniversary date of the grant date, January 31, 2024; 846 shares vest on the third anniversary date of the grant date, January 31, 2025; and 847 shares vest on the fourth anniversary date of the grant date, January 31, 2026.
F7 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.