Jack W. Schuler - Nov 18, 2021 Form 4 Insider Report for BIODESIX INC (BDSX)

Role
Director, 10%+ Owner
Signature
/s/ Robin H. Cowie as Attorney-in-Fact for Jack Schuler
Stock symbol
BDSX
Transactions as of
Nov 18, 2021
Transactions value $
$179,502
Form type
4
Date filed
11/22/2021, 02:27 PM
Previous filing
Nov 19, 2021
Next filing
Nov 23, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BDSX Common Stock Purchase $180K +28.4K +0.47% $6.33 6.08M Nov 18, 2021 By Jack W. Schuler Living Trust F1, F3
holding BDSX Common Stock 278K Nov 18, 2021 By Schuler Family Foundation F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Jack W. Schuler is the sole trustee of the Jack W. Schuler Living Trust.
F2 The Reporting Person disclaims beneficial ownership of the shares of the Issuer owned by the Schuler Family Foundation (the "Foundation"). Although the Reporting Person is the President of the Foundation and makes investment decisions regarding the Foundation's securities transactions, by virtue of the Foundation's status as a 501(c)(3) tax-exempt organization, the Reporting Person may not, and in fact, does not personally derive any profit from the Foundation's transactions in the Issuer's common stock. As a result, this Form 4 is a voluntary report with respect to these purchases of the Issuer's common stock by the Foundation.
F3 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $6.12 to $6.49, inclusive. The reporting persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range.

Remarks:

This Form 4 does not include securities acquired or held by the Tino Hans Schuler Trust, Tanya Eva Schuler Trust, Therese Heidi Schuler Trust, Schuler Grandchildren LLC, Schuler Descendants Trust or JS Grandchildren Trust, because the Reporting Person has no pecuniary interest, as such term is used for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, in such securities.