Salesh Balak - Feb 24, 2022 Form 4 Insider Report for UNIVERSAL BIOSENSORS INC (UBI)

Role
Chief Financial Officer
Signature
/s/ Salesh Balak
Stock symbol
UBI
Transactions as of
Feb 24, 2022
Transactions value $
$0
Form type
4
Date filed
2/28/2022, 05:09 AM
Previous filing
Sep 14, 2021
Next filing
May 27, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UBI Common Stock Award $0 +30K +9.79% $0.00 337K Feb 24, 2022 Direct

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
holding UBI Performance Rights 500K Feb 24, 2022 Common Stock 500K Direct F5
holding UBI Performance Rights 250K Feb 24, 2022 Common Stock 250K Direct F6
holding UBI Stock Options (Right to Buy) 500K Feb 24, 2022 Common Stock 500K $0.30 Direct F1, F2
holding UBI Stock Options (Right to Buy) 721K Feb 24, 2022 Common Stock 721K $0.50 Direct F1, F3
holding UBI Stock Options (Right to Buy) 216K Feb 24, 2022 Common Stock 216K $0.50 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported is stated in Australian dollars.
F2 The options are fully vested and became exercisable on 03/01/2021.
F3 206,000 of the stock options vested and became exercisable on 10/05/2016, 412,000 of the stock options vested and became exercisable on 12/31/2016 and 103,000 of the stock options vested and became exercisable on 02/23/2017.
F4 216,300 stock options vested and became exercisable on 12/31/2017.
F5 Each performance right represents a contingent right to receive one share of common stock of Universal Biosensors, Inc. ("UBI"). The performance rights vest upon, among other triggers, UBI's market capitalization having achieved a specified threshold.
F6 Each performance right represents a contingent right to receive one share of common stock of UBI. The performance rights vest upon a change of control transaction with a value greater a specified threshold.