SEC Form 4 · accession 0001209191-15-035742
CEPHEID · CPHD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas L Gutshall
Director
Period of report
Apr 22, 2015
Accepted (ET)
Apr 23, 2015 · 5:23 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 | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Apr 22, 2015 | M | 1,800 | $0.00 | A | 92,659 | D | |
| Common StockF2 | holding | — | — | — | 356,300 | I | See Footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F4 | $0.00 | Apr 22, 2015 | M | 1,800 | D | — | — | Common Stock | 1,800 | 0 | D |
Explanation of responses
- F1Vesting of restricted stock units ("RSUs") granted to the Reporting Person.
- F2All shares are held by the Gutshall Family Trust DTD 3-7-1990, of which the Reporting Person is a co-trustee.
- F3Each RSU represents a contingent right to receive one share of the Issuer's common stock.
- F4100% of the RSUs vest on the one-year anniversary of the grant date, subject to the continuing service of the Reporting Person on the vesting date. Shares of the Issuer's common stock will be delivered to the Reporting Person upon vesting.