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MYRIAD GENETICS INC — Director's Dealing 2020
Aug 14, 2020
32566_dirs_2020-08-14_67f42cf4-875d-44a3-b091-82b66894b1f2.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: MYRIAD GENETICS INC (MYGN)
CIK: 0000899923
Period of Report: 2020-08-13
Reporting Person: DIAZ PAUL J (Director, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-08-13 | Common Stock | A | 298954 | $0.00 | Acquired | 298954 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-08-13 | Performance-Based Stock Option | $13.38 | A | 339088 | Acquired | 2027-08-13 | Common Stock (339088) | Direct |
| 2020-08-13 | Time-Based Stock Option | $13.38 | A | 342040 | Acquired | 2027-08-13 | Common Stock (342040) | Direct |
Footnotes
F1: Consists of restricted stock units granted to the Reporting Person. Each restricted stock unit represents a contingent right to receive one share of the Company's common stock and vests as to 50% of the shares on August 13, 2021, 16.66% of the shares on August 13, 2022, 16.66% of the shares on August 13, 2023, and 16.68% of the shares on August 13, 2024.
F2: The shares subject to the Performance-Based Stock Option become eligible to vest upon achievement of certain stock price targets and will vest as to 20% of the shares upon achievement of each of five stock price targets; provided that no portion of the Performance-Based Stock Option may vest earlier than August 13, 2021.
F3: The shares subject to the Time-Based Stock Option will vest as to 25% of the shares on each of August 13, 2021, August 13, 2022, August 13, 2023 and August 13, 2024.