Form 4 Opko Health, Inc.

4 - Statement of changes in beneficial ownership of securities

Published: 2018-05-15 16:13:24
Submitted: 2018-05-15
Period Ending In: 2018-05-14
doc4.html FORM 4 SUBMISSION


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SEC FORM 4

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
  
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
LERNER RICHARD A

(Last) (First) (Middle)
OPKO HEALTH, INC.
4400 BISCAYNE BLVD.

(Street)
MIAMI FL 33137

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Opko Health, Inc. [ OPK ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
05/14/2018
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 05/14/2018 M 45,000 A $3.43 45,000 D
Common Stock 05/14/2018 F 32,291(1) D $4.78(2) 12,709 D
Common Stock 05/14/2018 G V 12,709 D $0.00 0 D
Common Stock 05/14/2018 G V 12,709 A $0.00 178,881 I See Footnote(3)
Common Stock 20,000 I See Footnote(4)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy) $3.43 05/14/2018 M 20,000 06/09/2012 06/08/2018 Common Stock 20,000 $0.00 0 D
Stock Option (Right to Buy) $3.43 05/14/2018 M 25,000 (5) 06/08/2018 Common Stock 25,000 $0.00 0 D
Explanation of Responses:
1. Represents number of shares withheld by the Company at the direction of the reporting person for the payment of exercise price. No shares of Common Stock were sold by the reporting person in connection with this transaction. The reporting person has retained the net number of shares issued upon the exercise of the option (12,709 shares).
2. Closing market price of the Company's common stock on the transaction date.
3. Securites held by the Lerner Family Trust, Richard A & Nicola G Lerner Trustees U/A Dated 11/14/1994.
4. These securities are owned by Dr. Lerner's spouse and are held in the Nicola G. Lerner IRA account. The reporting person disclaims beneficial ownership of these securities, except to the extent of any pecuniary interest therein and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or any other purpose.
5. This option vested as follows: 8,333 shares on each of June 9, 2012 and June 9, 2013, and 8,334 shares on June 9, 2014.
Remarks:
Adam Logal, Attorney-In-Fact 05/15/2018
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
1
doc4.xml FORM 4 SUBMISSION
Schema Version:
X0306
Document Type:
4
Period Of Report:
2018-05-14
Not Subject To Section16:
0

Issuer

Issuer Cik
0000944809
Issuer Name
Opko Health, Inc.
Issuer Trading Symbol
OPK

Reporting Owner

Reporting Owner Id

Rpt Owner Cik
0001316274
Rpt Owner Name
LERNER RICHARD A

Reporting Owner Address

Rpt Owner Street1
OPKO HEALTH, INC.
Rpt Owner Street2
4400 BISCAYNE BLVD.
Rpt Owner City
MIAMI
Rpt Owner State
FL
Rpt Owner Zip Code
33137

Reporting Owner Relationship

Is Director
1
Is Officer
0
Is Ten Percent Owner
0
Is Other
0

Non Derivative Table

Non Derivative Transaction

Security Title
Common Stock
Transaction Date
2018-05-14

Transaction Coding

Transaction Form Type
4
Transaction Code
M
Equity Swap Involved
0

Transaction Amounts

Transaction Shares
45000
Transaction Price Per Share
3.43
Transaction Acquired Disposed Code
A
Shares Owned Following Transaction
45000
Direct Or Indirect Ownership
D
Security Title
Common Stock
Transaction Date
2018-05-14

Transaction Coding

Transaction Form Type
4
Transaction Code
F
Equity Swap Involved
0

Transaction Amounts

Transaction Shares

Value
32291
@attributes Id
F1

Transaction Price Per Share

Value
4.78
@attributes Id
F2
Transaction Acquired Disposed Code
D
Shares Owned Following Transaction
12709
Direct Or Indirect Ownership
D
Security Title
Common Stock
Transaction Date
2018-05-14

Transaction Coding

Transaction Form Type
5
Transaction Code
G
Equity Swap Involved
0
Transaction Timeliness
E

Transaction Amounts

Transaction Shares
12709
Transaction Price Per Share
0.00
Transaction Acquired Disposed Code
D
Shares Owned Following Transaction
0
Direct Or Indirect Ownership
D
Security Title
Common Stock
Transaction Date
2018-05-14

Transaction Coding

Transaction Form Type
5
Transaction Code
G
Equity Swap Involved
0
Transaction Timeliness
E

Transaction Amounts

Transaction Shares
12709
Transaction Price Per Share
0.00
Transaction Acquired Disposed Code
A
Shares Owned Following Transaction
178881

Ownership Nature

Direct Or Indirect Ownership
I

Nature Of Ownership

Value
See Footnote
@attributes Id
F3

Non Derivative Holding

Security Title
Common Stock
Shares Owned Following Transaction
20000

Ownership Nature

Direct Or Indirect Ownership
I

Nature Of Ownership

Value
See Footnote
@attributes Id
F4

Derivative Transaction

Security Title
Stock Option (Right to Buy)
Conversion Or Exercise Price
3.43
Transaction Date
2018-05-14

Transaction Coding

Transaction Form Type
4
Transaction Code
M
Equity Swap Involved
0

Transaction Amounts

Transaction Shares
20000
Transaction Price Per Share
0.00
Transaction Acquired Disposed Code
D
Exercise Date
2012-06-09
Expiration Date
2018-06-08

Underlying Security

Underlying Security Title
Common Stock
Underlying Security Shares
20000
Shares Owned Following Transaction
0
Direct Or Indirect Ownership
D
Security Title
Stock Option (Right to Buy)
Conversion Or Exercise Price
3.43
Transaction Date
2018-05-14

Transaction Coding

Transaction Form Type
4
Transaction Code
M
Equity Swap Involved
0

Transaction Amounts

Transaction Shares
25000
Transaction Price Per Share
0.00
Transaction Acquired Disposed Code
D
@attributes Id
F5
Expiration Date
2018-06-08

Underlying Security

Underlying Security Title
Common Stock
Underlying Security Shares
25000
Shares Owned Following Transaction
0
Direct Or Indirect Ownership
D

Footnote

0
Represents number of shares withheld by the Company at the direction of the reporting person for the payment of exercise price. No shares of Common Stock were sold by the reporting person in connection with this transaction. The reporting person has retained the net number of shares issued upon the exercise of the option (12,709 shares).
1
Closing market price of the Company's common stock on the transaction date.
2
Securites held by the Lerner Family Trust, Richard A & Nicola G Lerner Trustees U/A Dated 11/14/1994.
3
These securities are owned by Dr. Lerner's spouse and are held in the Nicola G. Lerner IRA account. The reporting person disclaims beneficial ownership of these securities, except to the extent of any pecuniary interest therein and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or any other purpose.
4
This option vested as follows: 8,333 shares on each of June 9, 2012 and June 9, 2013, and 8,334 shares on June 9, 2014.

Owner Signature

Signature Name
Adam Logal, Attorney-In-Fact
Signature Date
2018-05-15
Additional Files
FileSequenceDescriptionTypeSize
0001209191-18-030187.txt   Complete submission text file   15855
$OPK

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