Filing Details

Accession Number:
0001487371-15-000006
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-01-26 19:39:19
Reporting Period:
2015-01-22
Filing Date:
2015-01-26
Accepted Time:
2015-01-26 19:39:19
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
1134554 Hany Massarany 5964 La Place Court, Suite 100
Carlsbad CA 92008
President And 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 2015-01-22 10,800 $0.00 143,245 No 4 M Direct
Common Stock Disposition 2015-01-22 5,982 $12.88 132,445 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Restricted Stock Units Disposition 2015-01-22 10,800 $0.00 10,800 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
32,400 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 343,597 Indirect Massarany Family Trust dated November 15, 2012
Footnotes
  1. The shares were sold pursuant to a Rule 10b5-1 trading plan solely to satisfy tax withholding obligations in connection with the partial vesting of previously granted restricted stock units.
  2. The reporting person transferred 4,818 shares of the Issuer's common stock into the Massarany Family Trust dated November 15, 2012 in connection with the applicable restricted stock units vesting event.
  3. Mr. Massarany is the trustee of the Massarany Family Trust and may be deemed to have beneficial ownership of these securities, to the extent of any indirect pecuniary interest in his distributive shares therein.
  4. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock based on the achievement of particular performance measures.
  5. 25% of the restricted stock units vest in each of 2014, 2015, 2016 and 2017, in each case based on the achievement of particular product development and commercialization milestones.