0001140361-18-021364.txt : 20180502 0001140361-18-021364.hdr.sgml : 20180502 20180502193816 ACCESSION NUMBER: 0001140361-18-021364 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20180430 FILED AS OF DATE: 20180502 DATE AS OF CHANGE: 20180502 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: SEVERSON CLINTON CENTRAL INDEX KEY: 0001191152 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-19720 FILM NUMBER: 18801338 MAIL ADDRESS: STREET 1: C/O ABAXIS INC STREET 2: 3240 WHIPPLE ROAD CITY: UNION CITY STATE: CA ZIP: 94587 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: ABAXIS INC CENTRAL INDEX KEY: 0000881890 STANDARD INDUSTRIAL CLASSIFICATION: MEASURING & CONTROLLING DEVICES, NEC [3829] IRS NUMBER: 770213001 STATE OF INCORPORATION: CA FISCAL YEAR END: 0331 BUSINESS ADDRESS: STREET 1: 3240 WHIPPLE STREET 2: ROAD CITY: UNION CITY STATE: CA ZIP: 94587 BUSINESS PHONE: (510) 675-6500 MAIL ADDRESS: STREET 1: 3240 WHIPPLE STREET 2: ROAD CITY: UNION CITY STATE: CA ZIP: 94587 4 1 doc1.xml FORM 4 X0306 4 2018-04-30 0 0000881890 ABAXIS INC ABAX 0001191152 SEVERSON CLINTON C/O ABAXIS, INC. 3240 WHIPPLE ROAD UNION CITY CA 94587 1 1 0 0 CEO & Board Chairman Common Stock 2018-04-30 4 M 0 13300 0 A 581124 D Common Stock 2018-04-30 4 F 0 5402 0 D 575722 D Common Stock 2018-04-30 4 M 0 9000 0 A 584722 D Common Stock 2018-04-30 4 F 0 4463 0 D 580259 D Common Stock 2018-04-30 4 M 0 9000 0 A 589259 D Common Stock 2018-04-30 4 F 0 4463 0 D 584796 D Restricted Stock Units 0 2018-04-30 4 A 0 19000 0 A 2019-04-30 Common Stock 19000 19000 D Performance Restricted Stock Units 0 2018-04-30 4 A 0 36000 0 A 2021-04-30 Common Stock 36000 36000 D Restricted Stock Units 0 2018-04-30 4 M 0 13300 0 D 2018-04-28 Common Stock 13300 0 D Performance Restricted Stock Units 0 2018-04-30 4 M 0 9000 0 D 2018-04-28 Common Stock 9000 0 D Performance Restricted Stock Units 0 2018-04-30 4 M 0 9000 0 D 2018-04-28 Common Stock 9000 0 D Each restricted stock unit represents a contingent right to receive one share of Abaxis common stock. Granted under the Abaxis 2014 Equity Incentive Plan. Restricted stock units vest as to 5% after the first year; then vest as to 10% after the second year; then vest as to 15% after the third year; and the remaining 70% after the fourth year. Not applicable. Granted under the Abaxis 2014 Equity Incentive Plan. Performance restricted stock units vest based on achievement of income from continuing operations before income tax provision in excess of 95% of target for fiscal 2019 and based on time vesting of 50% on April 30, 2021 and 50% on April 30, 2022. Granted under the Abaxis 2005 Equity Incentive Plan. Restricted stock units vest as to 5% after the first year; then vest as to 10% after the second year; then vest as to 15% after the third year; and the remaining 70% after the fourth year. Granted under the Abaxis 2005 Equity Incentive Plan. Performance Restricted Stock Units vest based on achievement of income from operations in excess of 90% of target for fiscal 2015 and based on time vesting of 50% on April 28, 2017 and 50% on April 28, 2018. Granted under the Abaxis 2005 Equity Incentive Plan. Performance Restricted Stock Units vest based on achievement of income from operations in excess of 100% of target for fiscal 2015 and based on time vesting of 50% on April 28, 2017 and 50% on April 28, 2018. /s/ Clinton Severson 2018-05-02