SEC Form 4 · accession 0001209191-15-004217

CEPHEID · CPHD

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — EVP, CFO

Period of report

Jan 12, 2015

Accepted (ET)

Jan 14, 2015 · 5:23 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001037760

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I
Common Stock	Jan 12, 2015	M	5,625	$34.01	A	6,273	D
Common Stock	Jan 12, 2015	S	5,625	$56.75	D	648	D
Common Stock	Jan 12, 2015	M	6,094	$35.72	A	6,742	D
Common Stock	Jan 12, 2015	S	6,094	$56.55	D	648	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Non-qualified Stock Option (Right to Buy)^F2	$34.01	Jan 12, 2015	M	5,625	D	—	Jan 3, 2019	Common Stock	5,625	24,375	D
Non-qualified Stock Option (Right to Buy)^F2	$35.72	Jan 12, 2015	M	6,094	D	—	Apr 24, 2019	Common Stock	6,094	25,391	D

F1The transactions reported on this Form 4 were effected pursuant to a 10b5-1 trading plan adopted by the reporting person.
F225% of the shares subject to the grant vest and become exercisable on the one-year anniversary of the grant date, then 2.0833% of the shares subject to the grant vest and become exercisable each month thereafter, until such time as the option is 100% vested, subject to the continuing employment of the Reporting Person on each vesting date.