Nancy Fairchild - 14 Jul 2021 Form 4 Insider Report for LUMINEX CORP

Source evidence Original filing metadata and source links for verification. 3 source fields
SEC form
4
Accepted by SEC
15 Jul 2021, 15:58:12 UTC
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/S/ HARRISS T.CURRIE AS ATTORNEY-IN-FACT FOR NANCY FAIRCHILD

Key filing fact

Nancy Fairchild filed Form 4 for LUMINEX CORP on 15 Jul 2021.

Key facts

  • This page summarizes Nancy Fairchild's Form 4 filing for LUMINEX CORP.
  • 6 reported transactions and 4 derivative rows are listed below.
  • Accepted by SEC: 15 Jul 2021, 15:58.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • Current net transaction value: -$4,093,200.

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.

LMNX transaction

Common Stock

Disposed to Issuer

Transaction value
$907,388
Shares
-24,524
Change %
-52%
Price
$37.00
Shares after
22,781
Date
14 Jul 2021
Ownership
Direct
Footnotes
F1, F2, F3
LMNX transaction

Common Stock

Disposed to Issuer

Transaction value
$842,897
Shares
-22,781
Change %
-100%
Price
$37.00
Shares after
0
Date
14 Jul 2021
Ownership
Direct
Footnotes
F4

Reported derivative securities

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

LMNX transaction Derivative

Stock Option (Right To Buy)

Disposed to Issuer

Transaction value
$226,564
Shares
-12,559
Change %
-100%
Price
$18.04
Shares after
0
Date
14 Jul 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
12,559
Exercise price
$18.04
Footnotes
F5
LMNX transaction Derivative

Stock Option (Right To Buy)

Disposed to Issuer

Transaction value
$471,977
Shares
-21,473
Change %
-100%
Price
$21.98
Shares after
0
Date
14 Jul 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
21,473
Exercise price
$21.98
Footnotes
F5
LMNX transaction Derivative

Stock Option (Right To Buy)

Disposed to Issuer

Transaction value
$408,689
Shares
-16,729
Change %
-100%
Price
$24.43
Shares after
0
Date
14 Jul 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
16,729
Exercise price
$24.43
Footnotes
F5
LMNX transaction Derivative

Stock Option (Right To Buy)

Disposed to Issuer

Transaction value
$1,235,684
Shares
-53,516
Change %
-100%
Price
$23.09
Shares after
0
Date
14 Jul 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
53,516
Exercise price
$23.09
Footnotes
F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

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

Explanation of responses 5 footnotes

Footnote F1

Disposed of pursuant to the Agreement and Plan of Merger, by and among DiaSorin S.p.A., Diagonal Subsidiary Inc. and Luminex Corporation (the "Issuer"), dated April 11, 2021 (the "Merger Agreement"), whereby each outstanding share of the Issuer's common stock was cancelled at the effective time (the "Effective Time") of the merger (the "Merger") and converted into the right to receive a cash payment of $37.00 per share.

Footnote F2

This amount includes 618 shares obtained under the Luminex Corporation Employee Stock Purchase Plan on May 31, 2021.

Footnote F3

This amount corrects a clerical error of 20 shares over reported in the Reporting Persons previous Form 4.

Footnote F4

Disposed of pursuant to the Merger Agreement, whereby unvested shares of restricted stock which were outstanding as of immediately prior to the Effective Time fully vested and became unrestricted common stock, and each such share of common stock that was outstanding immediately prior to the Effective Time was canceled at the Effective Time, in exchange for cash payments in the amount of $37.00 per share (without interest and subject to deduction for any required withholding taxes).

Footnote F5

Disposed of pursuant to the Merger Agreement, whereby each stock option outstanding as of immediately prior to the Effective Time fully vested and was cancelled at the Effective Time and converted into the right to receive a total amount in cash, equal to the product of (x) the excess, if any, of $37.00 over the exercise price per share of each stock option (without interest and subject to deduction for any required withholding taxes) and (y) the number of shares underlying such stock option. If the amount that could have been obtained upon the exercise of the stock option pursuant to the foregoing is equal to or less than zero, then the option was terminated without payment.

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Manage preferences to update or revoke optional consent for future visits. For more information, see our Privacy Policy .