Form Type: 4

SEC EDGAR Link
Accession Number:0001493152-20-022499
Date:2020-11-20
Issuer: CO-DIAGNOSTICS, INC. (CODX)
Original Submission Date:

Reporting Person:

EGAN DWIGHT H
2401 S. FOOTHILL DRIVE SUITE D
SALT LAKE CITY, UT 84109

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature 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
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
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 ExercisableExpiration 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
Footnotes
IDfootnote
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.
WhaleWisdom Logo

Elevate your investments