SEC Form 4 · accession 0001209191-15-065316

CEPHEID · CPHD

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

Reporting owner

Officer — EVP, Regulatory Affairs

Period of report

Aug 7, 2015

Accepted (ET)

Aug 11, 2015 · 5:21 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^F2	Aug 7, 2015	M	4,267	$31.485	A	7,048	D
Common Stock	Aug 7, 2015	M	4,220	$35.72	A	11,315	D
Common Stock	Aug 7, 2015	M	29,531	$38.66	A	15,535	D
Common Stock	Aug 7, 2015	M	12,890	$45.84	A	45,066	D
Common Stock	Aug 7, 2015	M	9,584	$35.48	A	57,956	D
Common Stock^F3	Aug 7, 2015	S	54,008	$51.0998	D	67,540	D
Common Stock^F3	Aug 7, 2015	S	11,330	$51.8498	D	2,202	D
Common Stock^F3	Aug 11, 2015	S	2,202	$51.39	D	0	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)^F4	$31.485	Aug 7, 2015	M	4,267	D	—	Apr 25, 2018	Common Stock	4,267	0	D
Non-qualified Stock Option (Right to Buy)^F4	$35.72	Aug 7, 2015	M	4,220	D	—	Apr 24, 2019	Common Stock	4,220	4,219	D
Non-qualified Stock Option (Right to Buy)^F4	$38.66	Aug 7, 2015	M	29,531	D	—	Apr 29, 2020	Common Stock	29,531	22,969	D
Non-qualified Stock Option (Right to Buy)^F4	$45.84	Aug 7, 2015	M	12,890	D	—	Apr 21, 2021	Common Stock	12,890	28,360	D
Non-qualified Stock Option (Right to Buy)^F5	$35.48	Aug 7, 2015	M	9,584	D	—	Jan 2, 2020	Common Stock	9,584	4,792	D

F1The transactions reported on this Form 4 were effected pursuant to a 10b5-1 trading plan adopted by the reporting person.
F2The total reflects 30,000 RSUs granted on April 27, 2015 rescinded pursuant to an agreement between the Issuer and Reporting Person.
F3The sales price reported is the weighted average sale price for the number of shares sold. Full information regarding the number of shares sold at each separate price will be supplied upon request by the Securities & Exchange Commission staff, the Issuer or a security holder of the Issuer.
F425% 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.
F51/3 of the shares subject to the grant vest and become exercisable on the first anniversary of the grant date then 1/36th 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.