0001628280-23-023503.txt : 20230626
0001628280-23-023503.hdr.sgml : 20230626
20230626184806
ACCESSION NUMBER: 0001628280-23-023503
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230622
FILED AS OF DATE: 20230626
DATE AS OF CHANGE: 20230626
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Phillips Jack
CENTRAL INDEX KEY: 0001784805
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-31822
FILM NUMBER: 231043640
MAIL ADDRESS:
STREET 1: 11731 YALE DR
CITY: CARMEL
STATE: IN
ZIP: 46032
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Accelerate Diagnostics, Inc
CENTRAL INDEX KEY: 0000727207
STANDARD INDUSTRIAL CLASSIFICATION: LABORATORY ANALYTICAL INSTRUMENTS [3826]
IRS NUMBER: 841072256
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 3950 S. COUNTRY CLUB ROAD #470
STREET 2: BUILDING 3-307
CITY: TUCSON
STATE: AZ
ZIP: 85714
BUSINESS PHONE: 303-863-8088
MAIL ADDRESS:
STREET 1: 3950 S. COUNTRY CLUB ROAD #470
STREET 2: BUILDING 3-307
CITY: TUCSON
STATE: AZ
ZIP: 85714
FORMER COMPANY:
FORMER CONFORMED NAME: ACCELR8 TECHNOLOGY CORP
DATE OF NAME CHANGE: 19920703
FORMER COMPANY:
FORMER CONFORMED NAME: HYDRO SEEK INC
DATE OF NAME CHANGE: 19880802
4
1
wk-form4_1687819678.xml
FORM 4
X0407
4
2023-06-22
0
0000727207
Accelerate Diagnostics, Inc
AXDX
0001784805
Phillips Jack
C/O ACCELERATE DIAGNOSTICS, INC.
3950 S. COUNTRY CLUB ROAD, SUITE 470
TUCSON
AZ
85714
1
1
0
0
Chief Executive Officer
0
Common Stock
2023-06-22
4
M
0
62160
0
A
563624
D
Common Stock
2023-06-22
4
S
0
27262
0.71
D
536362
D
Employee Restricted Stock Units
2023-06-22
4
M
0
62160
0
D
Common Stock
62160
0
D
Employee Restricted Stock Units
2023-06-26
4
A
0
3131579
0
A
Common Stock
3131579
3131579
D
The Reporting Person was granted restricted stock units ("RSUs"), which represent a contingent right to receive one share of Common Stock for each RSU. On June 22, 2020, the reporting person was granted a total of 186,480 RSUs, which vested in equal amounts on each anniversary date, over three years, beginning June 22, 2021 and ending on June 22, 2023.
The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of RSUs. The sale was to satisfy tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person.
The Reporting Person was granted RSUs, which represent a contingent right to receive one share of Common Stock for each RSU. The reporting person received 3,131,579 RSUs on June 26, 2023. 626,316 RSUs vest on June 26, 2025, 626,316 RSUs vest on July 10, 2025, 939,474 RSUs vest on June 26, 2026, and 939,473 RSUs vest on July 10, 2027. 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.
Not Applicable.
/s/ David Patience, attorney-in-fact
2023-06-26