Jack Phillips - 22 Jun 2021 Form 4 Insider Report for Accelerate Diagnostics, Inc (AXDX)

SEC evidence 5 source fields
Form type
4
Accepted by SEC
24 Jun 2021, 18:40:31 UTC
Previous filing
24 May 2021
Next filing
10 Dec 2021
SEC filing
View on sec.gov
Reporting owner 1 detail
Reporting owner signature
/s/ Steven Reichling, attorney-in-fact

Key filing fact

Jack Phillips filed Form 4 for Accelerate Diagnostics, Inc (AXDX) on 24 Jun 2021.

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: 24 Jun 2021, 18:40.

Change

  • Previous filing in this sequence was filed on 24 May 2021.
  • Current net transaction value: -$186,423.

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.

See Original Filing

Reported non-derivative transactions

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

AXDX transaction

Common Stock

Options Exercise

Transaction value
Shares
+62,160
Change %
+84%
Price
Shares after
136,177
Date
22 Jun 2021
Ownership
Direct
Footnotes
F1
AXDX transaction

Common Stock

Sale

Transaction value
$186,423
Shares
-23,479
Change %
-17%
Price
$7.94
Shares after
112,698
Date
22 Jun 2021
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
-62,160
Change %
-33%
Price
$0.000000
Shares after
124,320
Date
22 Jun 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
62,160
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

The Reporting Person was granted restricted stock units ("RSUs"), which represent a contingent right to receive one share of Common Stock for each RSU. On June 22, 2020, the reporting person was granted a total of 186,480 restricted stock units, which vests in three equal annual amounts of 62,160 units starting on June 22, 2021.

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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