Ron Price - 21 Apr 2022 Form 4 Insider Report for Accelerate Diagnostics, Inc (AXDX)

Signature
/s/ Steven Reichling, attorney-in-fact
Issuer symbol
AXDX
Transactions as of
21 Apr 2022
Net transactions value
-$14,771
Form type
4
Filing time
25 Apr 2022, 17:31:26 UTC
Previous filing
30 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AXDX Common Stock Options Exercise $0 +40,755 +273% $0.000000 55,682 21 Apr 2022 Direct F1
transaction AXDX Common Stock Sale $14,771 -15,072 -27% $0.9800 40,610 22 Apr 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 AXDX Employee Restricted Stock Units Options Exercise $0 -40,755 -100% $0.000000* 0 21 Apr 2022 Common Stock 40,755 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 March 28, 2022, the reporting person was granted a total of 40,755 restricted stock units, which vested April 21, 2022.
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.