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