Jack Phillips - 08 Mar 2023 Form 4 Insider Report for Accelerate Diagnostics, Inc (AXDX)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
13 Mar 2023, 17:46:08 UTC
Prior SEC filing
15 Feb 2023
Next SEC filing
15 Mar 2023
Source filing
View source filing
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 13 Mar 2023.

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: 13 Mar 2023, 17:46.

Change

  • Previous filing in this sequence was filed on 15 Feb 2023.
  • Current net transaction value: -$73,148.

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.

View source filing

Reported non-derivative transactions

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

AXDX transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+350,000
Change %
+130%
Price
$0.000000
Shares after
619,458
Date
08 Mar 2023
Ownership
Direct
Footnotes
F1
AXDX transaction

Common Stock

Sale

Transaction value
$73,148
Shares
-155,635
Change %
-25%
Price
$0.4700
Shares after
463,823
Date
08 Mar 2023
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
-350,000
Change %
-100%
Price
$0.000000*
Shares after
0
Date
08 Mar 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
350,000
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 February 13, 2023 the reporting person was granted a total of 350,000 restricted stock units, which vested in full on March 8, 2023.

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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