0001140361-13-018271.txt : 20130501 0001140361-13-018271.hdr.sgml : 20130501 20130501210326 ACCESSION NUMBER: 0001140361-13-018271 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20130429 FILED AS OF DATE: 20130501 DATE AS OF CHANGE: 20130501 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Henkel Achim CENTRAL INDEX KEY: 0001480122 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-19720 FILM NUMBER: 13805154 MAIL ADDRESS: STREET 1: C/O ABAXIS, INC. STREET 2: 3240 WHIPPLE ROAD CITY: UNION CITY STATE: CA ZIP: 94587 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: ABAXIS INC CENTRAL INDEX KEY: 0000881890 STANDARD INDUSTRIAL CLASSIFICATION: MEASURING & CONTROLLING DEVICES, NEC [3829] IRS NUMBER: 770213001 STATE OF INCORPORATION: CA FISCAL YEAR END: 0331 BUSINESS ADDRESS: STREET 1: 3240 WHIPPLE STREET 2: ROAD CITY: UNION CITY STATE: CA ZIP: 94587 BUSINESS PHONE: (510) 675-6500 MAIL ADDRESS: STREET 1: 3240 WHIPPLE STREET 2: ROAD CITY: UNION CITY STATE: CA ZIP: 94587 4 1 doc1.xml FORM 4 X0306 4 2013-04-29 0 0000881890 ABAXIS INC ABAX 0001480122 Henkel Achim C/O ABAXIS, INC. 3240 WHIPPLE ROAD UNION CITY CA 94587 0 1 0 0 Managing Director-Europe Common Stock 2013-04-29 4 M 0 2250 0 A 17250 D Performance Restricted Stock Units 0 2013-04-29 4 M 0 2250 0 D 2013-04-29 Common Stock 2250 6750 D Performance Restricted Stock Units 0 2013-04-29 4 D 0 6750 0 D Common Stock 6750 0 D Restricted Stock Units 0 2013-04-29 4 A 0 7000 0 A 2014-04-29 Common Stock 7000 7000 D Performance Restricted Stock Units 0 2013-04-29 4 A 0 6500 0 A 2016-04-29 Common Stock 6500 6500 D Performance Restricted Stock Units 0 2013-04-29 4 A 0 6500 0 A 2016-04-29 Common Stock 6500 6500 D Each restricted stock unit represents a contingent right to receive one share of Abaxis common stock. Granted under the Abaxis 2005 Equity Incentive Plan. Restricted Stock Units vest as to 25% on each anniversary date over four years, subject to achievement of certain performance-related goals. Not applicable. The performance periods for the grant runs from April 1, 2012 through March 31, 2016, consisting of four one-year performance periods and provided for vesting subject to achievement of certain performance-related goals. The unvested portion of this award (6,750 shares) was cancelled for the remaining three performance periods by mutual agreement of the reporting person and Abaxis. The reporting person received 13,000 Performance Restricted Stock Units as consideration for the cancellation. Granted under the Abaxis 2005 Equity Incentive Plan. Restricted Stock Units vest as to 5% after the first year; then vest as to 10% after the second year; then vest as to 15% after the third year; and the remaining 70% after the fourth year. Granted under the Abaxis 2005 Equity Incentive Plan. Performance Restricted Stock Units vest based on achievement of income from operations in excess of 90% of target for fiscal 2014 and based on time vesting of 50% on April 29, 2016 and 50% on April 29, 2017. Granted under the Abaxis 2005 Equity Incentive Plan. Performance Restricted Stock Units vest based on achievement of income from operations in excess of 100% of target for fiscal 2014 and based on time vesting of 50% on April 29, 2016 and 50% on April 29, 2017. /s/ Achim Henkel 2013-05-01