SEC Form 4 · accession 0001209191-16-115914
CEPHEID · CPHD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mike Fitzgerald
Officer — EVP, Global Human Resources
Period of report
Apr 25, 2016
Accepted (ET)
Apr 27, 2016 · 4:17 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001037760
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F1 | $35.94 | Apr 25, 2016 | A | 50,500 | A | Apr 25, 2017 | Apr 25, 2023 | Common Stock | 50,500 | 50,500 | D |
Explanation of responses
- F125% 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.