Reed L. Benson - 24 May 2021 Form 4 Insider Report for Co-Diagnostics, Inc. (CODX)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
26 May 2021, 12:01:54 UTC
Prior SEC filing
21 May 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Reed L. Benson

Key filing fact

Reed L. Benson filed Form 4 for Co-Diagnostics, Inc. (CODX) on 26 May 2021.

Key facts

  • This page summarizes Reed L. Benson's Form 4 filing for Co-Diagnostics, Inc. (CODX).
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 26 May 2021, 12:01.

Change

  • Previous filing in this sequence was filed on 21 May 2021.
  • Current net transaction value: -$11,170.

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.

CODX transaction

Common Stock

Award

Transaction value
$0
Shares
+4,584
Change %
Price
$0.000000
Shares after
4,584
Date
24 May 2021
Ownership
Direct
Footnotes
F1
CODX transaction

Common Stock

Tax liability

Transaction value
$11,170
Shares
-1,414
Change %
-31%
Price
$7.90*
Shares after
3,170
Date
24 May 2021
Ownership
Direct
Footnotes
F2

Reported derivative securities

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

CODX transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-4,584
Change %
-17%
Price
$0.000000
Shares after
22,916
Date
24 May 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
27,500
Exercise price
$0.000000
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

Included in 27,500 restricted stock units awarded to the Reporting Person on November 23, 2020, pursuant to the Co-Diagnostics, Inc. 2015 Long Term Incentive Plan, and vest in 6 equal installments every 6 months commencing on May 24, 2021.

Footnote F2

Represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of RSUs. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person.

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