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Luminex (LMNX) director Kever returned to the company 230,199 shares at $37.00

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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
Common stock and other non-derivative transactions
DateTypeSecuritySharesPriceValueHeld after
Jul 14, 2021Sale back to the company (D)Common Stock1, 2, 3-230,199avg $37.00$8.52M0 direct

Holdings before and after

  • Common Stock: 230,199 to 0 direct

Footnotes from the filing

  1. 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. 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. 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

Quantisnow market dataNASDAQ
Luminex Corporation logo
LMNX
Luminex Corporation
Market cap
30-day
Sector
Health Care
Industry
Medical/Dental Instruments
Listed since
2000
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