Form Type: 4

SEC EDGAR Link
Accession Number:0001104659-23-118226
Date:2023-11-13
Issuer: ACCELERATE DIAGNOSTICS, INC (AXDX)
Original Submission Date:

Reporting Person:

PHILLIPS JACK
C/O ACCELERATE DIAGNOSTICS, INC.
3950 S. COUNTRY CLUB ROAD, SUITE 470 TUCSON, AZ 85714

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 2023-11-13 M 1,722 a $0.00 59,298 direct
COMMON STOCK 2023-11-13 S 745 d $5.58 58,553 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
EMPLOYEE RESTRICTED STOCK UNITS 0.0 2023-11-13 deemed execution date M 1,722 (d) common stock 1,722 $0.00 1,721 direct
Footnotes
IDfootnote
f1 the reporting person was granted restricted stock units ("rsus"), which represent a contingent right to receive one share of the issuer's common stock for each rsu. on may 20, 2021, the reporting person was granted a total of 20,659 rsus, which vests in equal amounts every month for 12 months, which started vesting on january 13, 2023.
f2 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.
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