Luminex (LMNX) director Kever returned to the company 230,199 shares at $37.00
Stocks in this Quantisnow insightHealth Care
Insider transactions reported
Jim D Kever (director at Luminex Corporation, LMNX) reported that they returned to the company 230,199 shares at $37.00 on Jul 14, 2021. After these transactions the filing shows 0 shares held directly.
- Reporting person
- Kever Jim D
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Jul 14, 2021 | Sale back to the company (D) | Common Stock1, 2, 3 | -230,199 | avg $37.00 | $8.52M | 0 direct |
Holdings before and after
- Common Stock: 230,199 to 0 direct
Footnotes from the filing
- 1. Disposed of pursuant to the Agreement and Plan of Merger, by and among DiaSorin S.p.A., Diagonal Subsidiary Inc. and Luminex Corporation (the Issuer ), dated April 11, 2021 (the Merger Agreement ), whereby each outstanding share of the Issuer's common stock was cancelled at the effective time (the Effective Time ) of the merger (the Merger ) and converted into the right to receive a cash payment of $37.00 per share.
- 2. This total includes 904 dividend equivalent shares acquired from the Issuer as follows: 155 shares on 07/09/20, 229 shares on 10/15/20, 207 shares on 01/14/21, 157 shares on 04/15/21, and 156 shares on 07/08/21.
- 3. Disposed of pursuant to the Merger Agreement, whereby unvested restricted stock units ( Company RSUs ) which were outstanding as of immediately prior to the Effective Time fully vested, and each Company RSU that was outstanding immediately prior to the Effective Time was canceled at the Effective Time, in exchange for cash payments in the amount of $37.00 per share (without interest and subject to deduction for any required withholding taxes).
Transaction codes in this filing
- Sale back to the company:
- Code D marks a disposition back to the company under an exempt plan, as opposed to a sale in the market.
FAQ
What did Kever report in this LMNX Form 4?
Jim D Kever (director at Luminex Corporation, LMNX) reported that they returned to the company 230,199 shares at $37.00 on Jul 14, 2021. After these transactions the filing shows 0 shares held directly.
How many LMNX shares does Kever hold after this filing?
The filing shows 0 shares held directly after the reported transactions. Form 4 reports only the positions it lists, so this may not be every holding.
What does transaction code D mean on an SEC Form 4?
Code D marks a disposition back to the company under an exempt plan, as opposed to a sale in the market.
Historical context for LMNX
Earlier insider filings at LMNX
- Jul 15, 2021SEC Form 4: Lewis Dijuana K returned $257,335 worth of Common Stock to the company (6,955 units at $37.00) , closing all direct ownership in the company
- Jul 15, 2021SEC Form 4: MCNAMARA KEVIN M returned $3,713,616 worth of Common Stock to the company (100,368 units at $37.00) , closing all direct ownership in the company to cover withholding tax
- Jul 15, 2021SEC Form 4: OGUNRO EDWARD A returned $2,253,041 worth of Common Stock to the company (60,893 units at $37.00) , closing all direct ownership in the company to cover taxes
- Jul 15, 2021SEC Form 4: SAMET KENNETH A returned $733,229 worth of Common Stock to the company (19,817 units at $37.00) , closing all direct ownership in the company (withholding tax)
- Jul 15, 2021SEC Form 4: Rew Richard W. II returned $1,760,312 worth of Common Stock to the company (47,576 units at $37.00) , closing all direct ownership in the company to satisfy withholding tax
Quantisnow market dataNASDAQ
LMNX
Luminex Corporation
- Market cap
- 30-day
- Sector
- Health Care
- Industry
- Medical/Dental Instruments
- Listed since
- 2000
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