0001140361-14-018120.txt : 20140430
0001140361-14-018120.hdr.sgml : 20140430
20140430203103
ACCESSION NUMBER: 0001140361-14-018120
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20140428
FILED AS OF DATE: 20140430
DATE AS OF CHANGE: 20140430
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
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: SEVERSON CLINTON
CENTRAL INDEX KEY: 0001191152
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-19720
FILM NUMBER: 14801514
MAIL ADDRESS:
STREET 1: C/O ABAXIS INC
STREET 2: 3240 WHIPPLE ROAD
CITY: UNION CITY
STATE: CA
ZIP: 94587
4
1
doc1.xml
FORM 4
X0306
4
2014-04-28
0
0000881890
ABAXIS INC
ABAX
0001191152
SEVERSON CLINTON
C/O ABAXIS, INC.
3240 WHIPPLE ROAD
UNION CITY
CA
94587
1
1
0
0
President,CEO & Board Chairman
Common Stock
2014-04-29
4
M
0
950
0
A
558546
D
Restricted Stock Units
0
2014-04-28
4
A
0
19000
0
A
2015-04-28
Common Stock
19000
19000
D
Performance Restricted Stock Units
0
2014-04-28
4
A
0
18000
0
A
2017-04-28
Common Stock
18000
18000
D
Performance Restricted Stock Units
0
2014-04-28
4
A
0
18000
0
A
2017-04-28
Common Stock
18000
18000
D
Restricted Stock Units
0
2014-04-29
4
M
0
950
0
D
2014-04-29
Common Stock
950
18050
D
Performance Restricted Stock Units
0
2014-04-29
4
D
0
18000
0
D
Common Stock
18000
0
D
Performance Restricted Stock Units
0
2014-04-29
4
D
0
18000
0
D
Common Stock
18000
0
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 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.
Not applicable.
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 2015 and based on time vesting of 50% on April 28, 2017 and 50% on April 28, 2018.
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 2015 and based on time vesting of 50% on April 28, 2017 and 50% on April 28, 2018.
Granted under the Abaxis 2005 Equity Incentive Plan. Performance Restricted Stock Units vest based on achievement of financial performance goals for fiscal 2014 and based on time vesting. Since the fiscal 2014 financial performance goals were not achieved, none of the shares vested and are cancelled.
/s/ Clinton Severson
2014-04-30