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OPKO Health Inc.

Major Shareholding Notification Jul 25, 2020

6963_rns_2020-07-25_b96e2903-dc0f-412b-8ffa-46d9fe385fd0.pdf

Major Shareholding Notification

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FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

OMB APPROVAL

OMB Number: 3235-0104
Estimated average burden hours
per response 0.5

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

1. Name and Address of Reporting Person
2. Date of Event Requiring
3. Issuer Name and Ticker or Trading Symbol
Cohen Jon R M.D. Statement (Month/Day/Year)
07/23/2020
OPKO Health, Inc. [OPK]
(Last)
4400 Biscayne Blvd.
(First) (Middle) Issuer 4. Relationship of Reporting Person(s) to 5. If Amendment, Date Original
Filed(Month/Day/Year)
(Street) (Check all applicable)
____ 10% Owner
X Director
6. Individual or Joint/Group Filing (Check
Miami FL 33137 X Officer (give title
below)
____ Other (specify
below)
Applicable Line)
X
Form filed by One Reporting Person
(City) (State) (Zip) SVP OPKO; Exec Chairman BRLI ____ Form filed by More than One
Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
Owned
(Instr. 4)
2. Amount of Securities Beneficially 3. Ownership
Form: Direct (D)
or Indirect (I)
(Instr. 5)
(Instr. 5) 4. Nature of Indirect Beneficial Ownership
Common Stock 75,000 D

Table II - Derivative Securities Beneficially Owned ( e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and
Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities
Underlying Derivative Security
(Instr. 4)
4. Conversion or
Exercise Price of
Derivative
5. Ownership
Form of
Derivative
6. Nature of Indirect Beneficial
Ownership
(Instr. 5)
Date
Exercisable
Expiration
Date
Title Amount or Number
of Shares
Security Security: Direct
(D) or Indirect (I)
(Instr. 5)
Stock Option (Right to Buy) (1) 01/06/2029 Common
Stock
500,000 \$3.67 D
Stock Option (Right to Buy) (2) 09/16/2029 Common
Stock
100,000 \$2.17 D
Stock Option (Right to Buy) (3) 06/03/2030 Common
Stock
1,500,000 \$2.27 D

Explanation of Responses:

  • (1) This option will vest in four equal annual installments beginning January 7, 2020; provided, however, that one-half of the options (250,000 shares) will require achievement of predefined performance goals measured during each year during the four year vesting period in order to be exercisable.
  • (2) This option will vest in four equal annual installments beginning September 17, 2020.
  • (3) This option will vest in four equal annual installments beginning June 4, 2021.

Steven D. Rubin, Attorney-in-Fact 07/24/2020 **Signature of Reporting Person Date

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.

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