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
  1. 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.
  2. 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.
  3. 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.
  4. 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.