Richard W. Rew II - 14 Jul 2021 Form 4 Insider Report for LUMINEX CORP

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
15 Jul 2021, 15:58:48 UTC
Next SEC filing
14 Oct 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/S/ HARRISS T.CURRIE AS ATTORNEY-IN-FACT FOR RICHARD W. REW II

Key filing fact

Richard W. Rew II filed Form 4 for LUMINEX CORP on 15 Jul 2021.

Key facts

  • This page summarizes Richard W. Rew II's Form 4 filing for LUMINEX CORP.
  • 9 reported transactions and 7 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: -$6,472,646.

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
$743,626
Shares
-20,098
Change %
-42%
Price
$37.00
Shares after
27,478
Date
14 Jul 2021
Ownership
Direct
Footnotes
F1, F2
LMNX transaction

Common Stock

Disposed to Issuer

Transaction value
$1,016,686
Shares
-27,478
Change %
-100%
Price
$37.00
Shares after
0
Date
14 Jul 2021
Ownership
Direct
Footnotes
F3

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
$178,034
Shares
-11,176
Change %
-100%
Price
$15.93
Shares after
0
Date
14 Jul 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
11,176
Exercise price
$15.93
Footnotes
F4
LMNX transaction Derivative

Stock Option (Right To Buy)

Disposed to Issuer

Transaction value
$333,436
Shares
-17,430
Change %
-100%
Price
$19.13
Shares after
0
Date
14 Jul 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
17,430
Exercise price
$19.13
Footnotes
F4
LMNX transaction Derivative

Stock Option (Right To Buy)

Disposed to Issuer

Transaction value
$555,726
Shares
-29,050
Change %
-100%
Price
$19.13
Shares after
0
Date
14 Jul 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
29,050
Exercise price
$19.13
Footnotes
F4
LMNX transaction Derivative

Stock Option (Right To Buy)

Disposed to Issuer

Transaction value
$1,057,270
Shares
-58,607
Change %
-100%
Price
$18.04
Shares after
0
Date
14 Jul 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
58,607
Exercise price
$18.04
Footnotes
F4
LMNX transaction Derivative

Stock Option (Right To Buy)

Disposed to Issuer

Transaction value
$564,820
Shares
-25,697
Change %
-100%
Price
$21.98
Shares after
0
Date
14 Jul 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
25,697
Exercise price
$21.98
Footnotes
F4
LMNX transaction Derivative

Stock Option (Right To Buy)

Disposed to Issuer

Transaction value
$487,794
Shares
-19,967
Change %
-100%
Price
$24.43
Shares after
0
Date
14 Jul 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
19,967
Exercise price
$24.43
Footnotes
F4
LMNX transaction Derivative

Stock Option (Right To Buy)

Disposed to Issuer

Transaction value
$1,535,254
Shares
-66,490
Change %
-100%
Price
$23.09
Shares after
0
Date
14 Jul 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
66,490
Exercise price
$23.09
Footnotes
F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Richard W. Rew II is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 4 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 290 shares obtained under the Luminex Corporation Employee Stock Purchase Plan on May 31, 2021, and 14 shares acquired from the Reporting Person's brokerage Dividend Reinvestment Plan as follows: 7 shares on April 15, 2021 and 7 shares on July 8, 2021.

Footnote F3

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 F4

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.

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