Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Price Ron
2. Date of Event Requiring Statement (Month/Day/Year)
03/07/2017
3. Issuer Name and Ticker or Trading Symbol
Accelerate Diagnostics, Inc [AXDX]
(Last)
(First)
(Middle)
C/O ACCELERATE DIAGNOSTICS, INC., 3950 S. COUNTRY CLUB RD., SUITE 470
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
SVP & HEAD OF COM OPS AMERICAS
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

TUCSON, AZ 85714
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 Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (right to buy)   (1) 05/27/2025 Common Stock 100,000 $ 22.66 D  
Employee Stock Option (right to buy) 02/17/2017 02/17/2026 Common Stock 2,749 $ 11.52 D  
Employee Stock Option (right to buy)   (2) 03/17/2026 Common Stock 30,000 $ 12.42 D  
Employee Stock Option (right to buy)   (3) 02/23/2027 Common Stock 7,836 $ 24.45 D  
Employee Stock Option (right to buy)   (4) 02/23/2027 Common Stock 25,000 $ 24.45 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Price Ron
C/O ACCELERATE DIAGNOSTICS, INC.
3950 S. COUNTRY CLUB RD., SUITE 470
TUCSON, AZ 85714
      SVP & HEAD OF COM OPS AMERICAS  

Signatures

/s/ David Hinnant, attorney-in-fact 03/15/2017
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(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).
(1) 40% of the options vest on May 27, 2017, and the balance vests in 36 equal monthly installments beginning on June 27, 2017.
(2) The option vests in five equal annual installments beginning on March 17, 2017.
(3) The option vests in 12 equal monthly installments beginning on February 23, 2018.
(4) The option vests in five equal annual installments beginning on February 23, 2018.
 
Remarks:
Exhibit List: Exhibit 24 - Power of Attorney

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