Douglas C. Bryant - 27 May 2022 Form 4 Insider Report for QUIDEL CORP /DE/

Reporting relationship: President & CEO, Director
Issuer ticker: N/A
Reported as of: 27 May 2022
Net transaction value: $0
SEC form: 4
Accepted by SEC: 01 Jun 2022, 16:18:29 UTC
Prior SEC filing: 07 Feb 2022
Next SEC filing: 29 Aug 2022
Source filing: View source filing
Reporting owner signature: /s/ Phillip S. Askim, attorney-in-fact for Douglas C. Bryant

Key filing fact

Douglas C. Bryant filed Form 4 for QUIDEL CORP /DE/ on 01 Jun 2022.

Key facts

This page summarizes Douglas C. Bryant's Form 4 filing for QUIDEL CORP /DE/.
20 reported transactions and 19 derivative rows are listed below.
Accepted by SEC: 01 Jun 2022, 16:18.

Change

Previous filing in this sequence was filed on 07 Feb 2022.
Current net transaction value: $0.

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.

QDEL transaction

Common Stock

Disposed to Issuer

Transaction value
Shares: -505,926
Change %: -100%
Price
Shares after: 0
Date: 27 May 2022
Ownership: Direct
Footnotes: F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

QDEL transaction Derivative

Non-Qualified Stock Options

Disposed to Issuer

Transaction value: $0
Shares: -23,461
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 27 May 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 23,461
Exercise price: $15.40
Footnotes: F2, F3

QDEL transaction Derivative

Non-Qualified Stock Options

Disposed to Issuer

Transaction value: $0
Shares: -20,249
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 27 May 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 20,249
Exercise price: $21.08
Footnotes: F2, F3

QDEL transaction Derivative

Non-Qualified Stock Options

Disposed to Issuer

Transaction value: $0
Shares: -27,637
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 27 May 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 27,637
Exercise price: $46.41
Footnotes: F2, F3

QDEL transaction Derivative

Non-Qualified Stock Options

Disposed to Issuer

Transaction value: $0
Shares: -37,440
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 27 May 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 37,440
Exercise price: $59.12
Footnotes: F2, F4

QDEL transaction Derivative

Non-Qualified Stock Options

Disposed to Issuer

Transaction value: $0
Shares: -30,358
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 27 May 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 30,358
Exercise price: $77.16
Footnotes: F2, F5

QDEL transaction Derivative

Non-Qualified Stock Options

Disposed to Issuer

Transaction value: $0
Shares: -10,593
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 27 May 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 10,593
Exercise price: $228.21
Footnotes: F2, F6

QDEL transaction Derivative

Non-Qualified Stock Options

Disposed to Issuer

Transaction value: $0
Shares: -8,924
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 27 May 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 8,924
Exercise price: $254.00
Footnotes: F2, F7

QDEL transaction Derivative

Non-Qualified Stock Options

Disposed to Issuer

Transaction value: $0
Shares: -11,140
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 27 May 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 11,140
Exercise price: $142.45
Footnotes: F2, F8

QDEL transaction Derivative

Non-Qualified Stock Options

Disposed to Issuer

Transaction value: $0
Shares: -27,043
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 27 May 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 27,043
Exercise price: $103.36
Footnotes: F2, F9

QDEL transaction Derivative

Restricted Stock Units

Disposed to Issuer

Transaction value: $0
Shares: -18,720
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 27 May 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 18,720
Exercise price
Footnotes: F10, F11, F12

QDEL transaction Derivative

Restricted Stock Units

Disposed to Issuer

Transaction value: $0
Shares: -7,309
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 27 May 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 7,309
Exercise price
Footnotes: F10, F11, F13

QDEL transaction Derivative

Restricted Stock Units

Disposed to Issuer

Transaction value: $0
Shares: -2,192
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 27 May 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 2,192
Exercise price
Footnotes: F10, F11, F13

QDEL transaction Derivative

Restricted Stock Units

Disposed to Issuer

Transaction value: $0
Shares: -7,590
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 27 May 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 7,590
Exercise price
Footnotes: F10, F11, F14

QDEL transaction Derivative

Restricted Stock Units

Disposed to Issuer

Transaction value: $0
Shares: -2,921
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 27 May 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 2,921
Exercise price
Footnotes: F10, F11, F15

QDEL transaction Derivative

Restricted Stock Units

Disposed to Issuer

Transaction value: $0
Shares: -3,347
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 27 May 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 3,347
Exercise price
Footnotes: F10, F11, F16

QDEL transaction Derivative

Restricted Stock Units

Disposed to Issuer

Transaction value: $0
Shares: -27,043
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 27 May 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 27,043
Exercise price
Footnotes: F10, F11, F17

QDEL transaction Derivative

Restricted Stock Units

Disposed to Issuer

Transaction value: $0
Shares: -24,187
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 27 May 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 24,187
Exercise price
Footnotes: F10, F11, F18

QDEL transaction Derivative

Restricted Stock Units

Disposed to Issuer

Transaction value: $0
Shares: -2,646
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 27 May 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 2,646
Exercise price
Footnotes: F10, F11, F13

QDEL transaction Derivative

Restricted Stock Units

Disposed to Issuer

Transaction value: $0
Shares: -794
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 27 May 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 794
Exercise price
Footnotes: F10, F11, F13, F19

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Douglas C. Bryant is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 19 footnotes

Footnote F1

Pursuant to the Business Combination Agreement, dated as of December 22, 2021 (the "Business Combination Agreement") by and among Quidel Corporation ("Quidel"), Ortho Clinical Diagnostics Holdings plc, QuidelOrtho Corporation ("QuidelOrtho"), Orca Holdco, Inc., Laguna Merger Sub, Inc. and Orca Holdco 2, Inc., each share of common stock of Quidel beneficially owned by the Reporting Person at the effective time of the transaction contemplated by the Business Combination Agreement will be exchanged for one share of common stock of QuidelOrtho.

Footnote F2

Pursuant to the Business Combination Agreement, the Quidel Non-Qualified Stock Options will be converted into an equal number of Non-Qualified Stock Options to purchase shares of common stock of QuidelOrtho on the same terms and conditions (including applicable vesting conditions).

Footnote F3

Vested in full.

Footnote F4

28,080 shares are vested in full; 9,360 shares will vest on February 4, 2023.

Footnote F5

15,180 shares are vested in full; the remaining 15,178 shares will vest in equal installments on February 3, 2023 and February 3, 2024.

Footnote F6

3,531 shares are vested in full; the remaining 7,062 shares will vest in equal installments on August 24, 2022 and August 24, 2023.

Footnote F7

2,231 shares are vested in full; the remaining 6,693 shares will vest in equal installments on February 1, 2023, February 1, 2024 and February 1, 2025.

Footnote F8

3,713 shares will vest on July 28, 2022; 3,713 shares will vest on July 28, 2023; and 3,714 shares will vest on July 28, 2024.

Footnote F9

6,760 shares will vest on January 31, 2023; the remaining 20,283 shares will vest in equal installments on January 31, 2024, January 31, 2025 and January 31, 2026.

Footnote F10

Each restricted stock unit represents the right to receive one share of Quidel common stock.

Footnote F11

Pursuant to the Business Combination Agreement, the Quidel restricted stock units will be converted into an equal number of restricted stock units representing the right to receive shares of common stock of QuidelOrtho on the same terms and conditions (including applicable vesting conditions).

Footnote F12

18,720 shares will vest on February 4, 2023.

Footnote F13

Release of restricted stock units was deferred pursuant to Quidel's deferred compensation program applicable to participating employees and will occur according to the elected deferral schedule.

Footnote F14

7,590 shares will vest in equal installments on February 3, 2023 and February 3, 2024.

Footnote F15

1,460 shares will vest on August 24, 2022 and 1,461 shares will vest on August 24, 2023.

Footnote F16

1,115 shares will vest on February 1, 2023; the remaining 2,232 shares will vest in equal installments on February 1, 2024 and February 1, 2025.

Footnote F17

6,760 shares will vest on January 31, 2023; the remaining 20,283 shares will vest in equal installments on January 31, 2024, January 31, 2025 and January 31, 2026.

Footnote F18

12,093 shares will vest on January 31, 2024; the remaining 12,094 shares will vest in equal installments on January 31, 2025 and January 31, 2026.

Footnote F19

794 shares will vest on January 31, 2023.