Filing Details
- Accession Number:
- 0001181431-10-031765
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2010-06-07 13:00:00
- Reporting Period:
- 2010-06-03
- Filing Date:
- 2010-06-07
- Accepted Time:
- 2010-06-07 17:34:33
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1487371 | Genmark Diagnostics Inc. | GNMK | Surgical & Medical Instruments & Apparatus (3841) | 272053069 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1366268 | Faiz Jon Kayyem | 757 S. Raymond Avenue Pasadena CA 91105 | President & Ceo | Yes | Yes | No | 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 | 2010-06-03 | 61,651 | $0.00 | 61,651 | No | 4 | J | Indirect | HI Charitable Remainder Uni Trust |
Common Stock | Acquisiton | 2010-06-03 | 124,934 | $0.00 | 124,934 | No | 4 | J | Indirect | Jon Faiz Kayyem and Paige N. Gates Family Trust |
Common Stock | Acquisiton | 2010-06-03 | 319,308 | $0.00 | 319,308 | No | 4 | J | Indirect | IFIN LP |
Common Stock | Acquisiton | 2010-06-03 | 250,000 | $6.00 | 569,308 | No | 4 | P | Indirect | IFIN LP |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | J | Indirect | HI Charitable Remainder Uni Trust |
No | 4 | J | Indirect | Jon Faiz Kayyem and Paige N. Gates Family Trust |
No | 4 | J | Indirect | IFIN LP |
No | 4 | P | Indirect | IFIN LP |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Stock Option (Right to Buy) | Acquisiton | 2010-06-03 | 248,568 | $0.00 | 248,568 | $6.49 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
248,568 | 2019-12-23 | No | 4 | J | Direct |
Footnotes
- Received in exchange for ordinary shares of Osmetech plc in connection with the reorganization of GenMark Diagnostics, Inc. The reorganization resulted in GenMark becoming the parent company of Osmetech, GenMark's parent company prior to the reorganization, through a scheme of arrangement under Part 26 of the U.K. Companies Act of 2006, but did not alter the proportionate interests of security holders. The number of shares issuable pursuant to the reorganization was determined pursuant to an exchange ratio of 230 ordinary shares of Osmetech for one share of GenMark common stock.
- Mr. Kayyem is the trustee of the HI Charitable Remainder Uni Trust, trustee of The Jon Faiz Kayyem and Paige N. Gates Family Trust, dated April 1, 2000, and the President of In-Motion LLC, the general partner of IFIN LP. Mr Kayyem disclains beneficial ownership of these securities, except to the extent of any indirect pecuniary interest in his distributive shares therein.
- Received in exchange for options to purchase ordinary shares of Osmetech plc. The number of options issuable pursuant to the reorganization was determined pursuant to an exchange ratio of 230 options to purchase ordinary shares of Osmetech for an option to purchase one share of GenMark common stock.
- 25% of the option shares vest and become exercisable on December 23, 2010 and the remaining option shares vest and become exercisable in 36 monthly installments thereafter.