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Mertz Larry Michael's Form 4 filing

Accelerate Diagnostics, Inc (AXDX) · filed May 24, 2023

Accession no.
0001628280-23-019635
Filed
May 24, 2023
Trade date
May 22, 2023
Filing delay
2 days
Rule 10b5-1 plan
Not checked

This filing lists 4 non-derivative transactions and 2 derivative transactions. Open-market sales total $2.51K. It was filed 2 days after the trade.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Mertz Larry MichaelCIK 0001938051Officer (Chief Technology Officer)

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
May 22, 2023Common StockMOption exerciseAcquired+10,000$0.00F1$0526,339Direct
May 22, 2023Common StockSSaleDisposed−2,711$0.72−$1,951.92523,628Direct
May 22, 2023Common StockMOption exerciseAcquired+2,836$0.00F3$0526,464Direct
May 22, 2023Common StockSSaleDisposed−769$0.72−$553.68525,695Direct

Derivative securities (Table II)

Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
May 22, 2023Common StockMOption exerciseDisposed−10,000$0.00$010,000Direct
May 22, 2023Common StockMOption exerciseDisposed−2,836$0.00$02,835Direct

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F1

The Reporting Person was granted restricted stock units ("RSUs"), which represent a contingent right to receive one share of Common Stock for each RSU. On May 20, 2021, the reporting person was granted a total of 30,000 restricted stock units, which vests in equal amounts every year over three years, which started vesting on May 20, 2022.

Referenced by the price of 1 transaction in Table I.

F3

The Reporting Person was granted RSUs, which represent a contingent right to receive one share of Common Stock for each RSU. On May 20, 2021, the reporting person was granted a total of 8,507 restricted stock units, which vests in equal amounts every year over three years, which started vesting on May 20, 2022.

Referenced by the price of 1 transaction in Table I.

Read the full filing on SEC EDGAR (opens in a new tab)