Filing Details

Accession Number:
0001144204-13-046201
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-08-15 11:09:34
Reporting Period:
2013-08-14
Filing Date:
2013-08-15
Accepted Time:
2013-08-15 11:09:34
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
727207 Accelerate Diagnostics Inc AXDX Laboratory Analytical Instruments (3826) 841072256
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1021412 W Jack Schuler 28161 N. Keith Drive
Lake Forest IL 60045
Yes No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2013-08-14 413,090 $8.04 9,098,725 No 4 P Indirect See footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect See footnote
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Stock Option (right to buy) $6.48 2023-04-03 44,670 44,670 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2023-04-03 44,670 44,670 Direct
Footnotes
  1. Shares issued to the Jack W. Schuler Living Trust pursuant to a Standby Purchase Agreement, dated as of May 31, 2013, by and between Accelerate Diagnostics, Inc. (the "Company") and Abeja Ventures, LLC ("Abeja"), pursuant to which Abeja was obligated to purchase any and all shares of the Company's common stock not subscribed for in connection with a rights offering conducted by the Company. Abeja assigned its rights and obligations to the Jack W. Schuler Living Trust.
  2. Reflects 647,939 shares held by Schuler Grandchildren LLC (Mr. Schuler has sole voting and dispositive power with respect to such shares in his capacity as manager of the entity); 647,939 shares held by Schuler GC 2010 Continuation Trust (Mr. Schuler has shared voting and dispositive power with respect to such shares in his capacity as the grantor of the trust); and 7,802,847 shares held by the Jack W. Schuler Living Trust (Mr. Schuler has sole voting and dispositive power with respect to such shares in his capacity as trustee of the trust), in each case after giving effect to the transactions reported herein. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
  3. The stock option vests in 12 equal monthly installments, with the first installment vesting on May 3, 2013.