Filing Details

Accession Number:
0001144204-18-028936
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-05-15 16:37:53
Reporting Period:
2018-05-11
Accepted Time:
2018-05-15 16:37:53
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 2018-05-11 77,800 $19.17 13,242,828 No 4 P Indirect By Jack W. Schuler Living Trust
Common Stock Acquisiton 2018-05-11 22,200 $19.88 13,265,028 No 4 P Indirect By Jack W. Schuler Living Trust
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect By Jack W. Schuler Living Trust
No 4 P Indirect By Jack W. Schuler Living Trust
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 689,355 Indirect By Schuler Grandchildren LLC
Common Stock 689,355 Indirect By Schuler GC 2010 Continuation Trust
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $18.55 to $19.45, inclusive. The reporting person undertakes to provide to Accelerate Diagnostics, Inc. (the "Issuer"), any shareholder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in footnotes (1) and (2) to this Form 4.
  2. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $19.65 to $20.00, inclusive.
  3. Mr. Schuler has sole voting and dispositive power with respect to such shares in his capacity as trustee of the Jack W. Schuler Living Trust.
  4. Mr. Schuler has sole voting and dispositive power with respect to such shares in his capacity as manager of Schuler Grandchildren LLC.
  5. Mr. Schuler has shared voting and dispositive power with respect to such shares in his capacity as the grantor of Schuler GC 2010 Continuation Trust.
  6. 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.
  7. Shares previously disclosed as being owned by the Schuler Family Foundation (the "Foundation") have been omitted. The reporting person disclaims beneficial ownership of the shares of the Issuer owned by the Foundation. Although the reporting person is the President of the Foundation and makes investment decisions regarding the Foundation's securities transactions, by virtue of the Foundation's status as a 501(c)(3) tax-exempt organization, the reporting person may not, and in fact, does not personally derive any profit from the Foundation's transactions in the Issuer's common stock. As a result, for purposes of Section 16(b), the reporting person has never been and is not currently the beneficial owner of any securities held by the Foundation, including the Issuer's common stock, and the inadvertent reporting of transactions in the Issuer's securities by the Foundation on previous Form 4s filed by the reporting person should be disregarded.