Larry Michael Mertz - 18 Jun 2023 Form 4 Insider Report for Accelerate Diagnostics, Inc (AXDX)

Role
Chief Technology Officer
Signature
/s/ David Patience, attorney-in-fact
Issuer symbol
AXDX
Transactions as of
18 Jun 2023
Transactions value $
$0
Form type
4
Filing time
20 Jun 2023, 17:39:21 UTC
Previous filing
24 May 2023
Next filing
06 Mar 2024
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AXDX Employee Restricted Stock Units Award $0 +664K $0.00 664K 18 Jun 2023 Common Stock 664K Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
F2 The reporting person received 663,537 restricted stock units on June 18, 2023, of which 40% vests on June 18, 2025 and the remaining 60% will vest on June 18, 2026. Upon vesting, the reporting person will receive a number of shares of common stock equal to the number of restricted stock units that have vested.
F3 Not Applicable.