Sec Form 4 Filing - FEINBERG LARRY N @ Accelerate Diagnostics, Inc - 2016-02-09

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person FEINBERG LARRY N 2. Issuer Name and Ticker or Trading Symbol Accelerate Diagnostics, Inc [ AXDX] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director X __ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) 200 GREENWICH AVENUE 3. Date of Earliest Transaction (MM/DD/YY) 02/09/2016 (Street) GREENWICH, CT06830 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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, par value $0.001 per share 02/09/2016 S 40,000 D $ 11.86 33,079 D Common Stock, par value $0.001 per share 02/09/2016 S 200,000 D $ 11.86 494,968 I See footnotes ( 1 ) ( 6 ) Common Stock, par value $0.001 per share 02/09/2016 S 305,000 D $ 11.86 3,814,050 I See footnotes ( 2 ) ( 6 ) Common Stock, par value $0.001 per share 02/09/2016 S 55,000 D $ 11.86 621,011 I See footnotes ( 3 ) ( 6 ) Common Stock, par value $0.001 per share 63,836 I See footnotes ( 4 ) ( 6 ) Common Stock, par value $0.001 per share 11,703 I See footnotes ( 5 ) ( 6 )

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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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 (MM/DD/YY) 7. Title and Amount of Underlying Securities (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 of Derivative Security: 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

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other FEINBERG LARRY N 200 GREENWICH AVENUE GREENWICH, CT06830 X Signatures /s/ Larry N. Feinberg 02/09/2016 Signature of Reporting Person Date

Explanation of Responses:

( 1 )These securities are owned by Oracle Ten Fund Master, L.P. ("Ten Fund"). ( 2 )These securities are owned by Oracle Partners, LP. ("Partners"). ( 3 )These securities are owned by Oracle Institutional Partners, L.P. ("Institutional Partners"). ( 4 )These securities are owned by Oracle Investment Management, Inc. Employees' Retirement Plan ("Retirement Plan"). ( 5 )These securities are owned by The Feinberg Family Foundation ("Foundation"). ( 6 )The Reporting Person serves as the managing member of Oracle Associates, LLC, the general partner of Partners and Institutional Partners, and accordingly, may be deemed to be the indirect beneficial owner of the shares beneficially owned by Partners and Institutional Partners. Mr. Feinberg is the sole shareholder, director and president of Oracle Investment Management, Inc., which serves as investment manager to Ten Fund and the Retirement Plan, and accordingly, may be deemed to be the beneficial owner of the shares beneficially owned by Ten Fund and the Retirement Plan. Mr. Feinberg is the trustee of the Foundation, and accordingly may be deemed to be the beneficial owner of the shares beneficially owned by the Foundation. Mr. Feinberg disclaims beneficial ownership of all such shares except to the extent of his pecuniary interest therein.

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