Jack Phillips - 13 Oct 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
16 Oct 2023, 17:16:52 UTC
Prior SEC filing
14 Sep 2023
Next SEC filing
14 Nov 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ David Patience, attorney-in-fact

Key filing fact

Jack Phillips filed Form 4 for Accelerate Diagnostics, Inc (AXDX) on 16 Oct 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: 16 Oct 2023, 17:16.

Change

  • Previous filing in this sequence was filed on 14 Sep 2023.
  • Current net transaction value: -$4,279.

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
+1,721
Change %
+3%
Price
$0.000000
Shares after
58,310
Date
13 Oct 2023
Ownership
Direct
Footnotes
F1
AXDX transaction

Common Stock

Sale

Transaction value
$4,279
Shares
-734
Change %
-1.3%
Price
$5.83
Shares after
57,576
Date
13 Oct 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
-1,721
Change %
-33%
Price
$0.000000
Shares after
3,443
Date
13 Oct 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,721
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 the issuer's common stock for each RSU. On May 20, 2021, the reporting person was granted a total of 20,659 RSUs, which vests in equal amounts every month for 12 months, which started vesting on January 13, 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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