SEC Form 4 · accession 0001209191-15-028541

CEPHEID · CPHD

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

A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).

Reporting owner

Officer — EVP, Bus Dev and GC

Period of report

Mar 19, 2015

Accepted (ET)

Mar 23, 2015 · 4:44 pm EDT

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	Mar 19, 2015	M	10,000	$9.075	A	24,323	D
Common Stock	Mar 19, 2015	M	10,000	$19.85	A	34,323	D
Common Stock	Mar 19, 2015	S	20,000	$60.00	D	14,323	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	$9.075	Mar 19, 2015	M	10,000	D	Jan 1, 2006	Apr 27, 2015	Common Stock	10,000	34,352	D
Non-qualified Stock Option (Right to Buy)^F3	$19.85	Mar 19, 2015	M	10,000	D	Apr 24, 2009	Apr 24, 2015	Common Stock	10,000	50,000	D

F1The transactions reported on this Form 4 were effected pursuant to a 10b5-1 trading plan adopted by the reporting person.
F21/48th of the shares subject to the grant vest and become exercisable monthly from the grant date, until such time as the option is 100% vested, subject to the continuing employment of the Reporting Person on each vesting date.
F325% 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.