MARK C. MILLER - 07 Mar 2023 Form 4 Insider Report for Accelerate Diagnostics, Inc (AXDX)

Role
Director
Signature
/s/ Steven Reichling, attorney-in-fact
Issuer symbol
AXDX
Transactions as of
07 Mar 2023
Net transactions value
$0
Form type
4
Filing time
09 Mar 2023, 15:24:53 UTC
Previous filing
02 Jun 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AXDX Common Stock Options Exercise $0 +50,886 $0.000000 50,886 07 Mar 2023 Direct F1
transaction AXDX Common Stock Options Exercise $0 +4,396 +8.6% $0.000000 55,282 07 Mar 2023 Direct F2
holding AXDX Common Stock 39,062 07 Mar 2023 By Mark C. Miller Trust, dated April 26, 2002

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 -50,886 -100% $0.000000* 0 07 Mar 2023 Common Stock 50,886 Direct F1
transaction AXDX Employee Restricted Stock Units Options Exercise $0 -4,396 -100% $0.000000* 0 07 Mar 2023 Common Stock 4,396 Direct F2
* 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 May 31, 2022, the reporting person was granted a total of 75,949 RSUs. All of the RSUs shall vest on the first-year anniversary of the Date of Grant (the "Vesting Date"), unless Grantee leaves in good standing before 12 months, in which case they will vest pro-rata based on months served. This reporting person received a prorated amount of 50,886 RSUs, which is eight of the twelve months.
F2 The Reporting Person was granted RSUs, which represent a contingent right to receive one share of Common Stock for each RSU. On May 20, 2021, the reporting person was granted a total of 4,396 RSUs. All of the RSUs vested on the first-year anniversary of the Date of Grant. These RSUs are subject to the Company's Director Equity Deferral Program and were released within 30 days of separation from service.