Accession Number: | 0001493152-20-022499 |
Date: | 2020-11-20 |
Issuer: | CO-DIAGNOSTICS, INC. (CODX) |
Original Submission Date: |
EGAN DWIGHT H
2401 S. FOOTHILL DRIVE SUITE D
SALT LAKE CITY, UT 84109
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
---|---|---|---|---|---|---|---|---|---|
COMMON STOCK | 2020-11-20 | M | 20,000 | a | $1.10 | 20,000 | direct | ||
COMMON STOCK | 2020-11-20 | F | 1,983 | d | $1.10 | 18,017 | direct | ||
COMMON STOCK | 2020-11-20 | S | 18,017 | d | $11.09 | 0 | direct | ||
COMMON STOCK | 2020-11-23 | M | 80,000 | a | $1.10 | 80,000 | direct | ||
COMMON STOCK | 2020-11-23 | F | 8,431 | d | $1.10 | 71,569 | direct | ||
COMMON STOCK | 2020-11-23 | S | 71,569 | d | $10.44 | 0 | direct | ||
COMMON STOCK | 2020-11-24 | M | 50,000 | a | $1.10 | 50,000 | direct | ||
COMMON STOCK | 2020-11-24 | F | 5,236 | d | $1.10 | 44,764 | direct | ||
COMMON STOCK | 2020-11-24 | S | 44,764 | d | $10.51 | 0 | direct |
Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
---|---|---|---|---|---|---|---|---|---|---|---|---|
NON-QUALIFIED STOCK OPTION (RIGHT TO BUY) | 1.1 | 2020-11-20 | deemed execution date | M | 20,000 (d) | 2029-09-02 | common stock 20,000 | $1.10 | 130,000 | direct | ||
NON-QUALIFIED STOCK OPTION (RIGHT TO BUY) | 1.1 | 2020-11-23 | deemed execution date | M | 80,000 (d) | 2029-09-02 | common stock 80,000 | $1.10 | 50,000 | direct | ||
NON-QUALIFIED STOCK OPTION (RIGHT TO BUY) | 1.1 | 2020-11-24 | deemed execution date | M | 50,000 (d) | 2029-09-02 | common stock 50,000 | $1.10 | 0 | direct | ||
RESTRICTED STOCK UNITS | 0.0 | 2020-11-23 | deemed execution date | A | 75,000 (a) | common stock 75,000 | $0.00 | 75,000 | direct |
ID | footnote |
---|---|
f1 | non-qualified stock option granted to reporting person on september 3, 2019 pursuant to the issuer's 2015 long-term incentive plan, as amended, to purchase up to 150,000 shares of common stock of the issuer and previously reported on a form 4 filed with the commission on november 18, 2019. |
f2 | all of the options have vested. |
f3 | reflects 1,986 shares withheld by the issuer at the market price of $11.09 per share less the exercise price of $1.10 per share to fund the cashless exercise of 20,000 options owned by the reporting person. |
f4 | granted pursuant to issuer's 2015 long term incentive plan, as amended. each restricted stock unit ("rsu") represents the contingent right to receive, upon vesting, one share of the issuer's common stock. |
f5 | rsu vests in equal installments in 6 equal installments commencing on the six month anniversary of the date of grant and every six months thereafter. |
f6 | reflects 8,431 shares withheld by the issuer at the market price of $10.44 per share less the exercise price of $1.10 per share to fund the cashless exercise of 80,000 options owned by the reporting person. |
f7 | reflects 5,236 shares withheld by the issuer at the market price of $10.51 per share less the exercise price of $1.10 per share to fund the cashless exercise of 50,000 options owned by the reporting person. |