SEC Form 4 · accession 0001209191-16-116298
CEPHEID · CPHD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas L Gutshall
Director
Period of report
Apr 26, 2016
Accepted (ET)
Apr 28, 2016 · 7:34 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 StockF1 | Apr 26, 2016 | A | 1,800 | $0.00 | A | 106,959 | D | |
| Common StockF2 | holding | — | — | — | 350,000 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-qualified Stock Option (Right to Buy)F3 | $36.59 | Apr 26, 2016 | A | 16,300 | A | — | Apr 28, 2022 | Common Stock | 16,300 | 16,300 | D |
Explanation of responses
- F1The reported shares are represented by restricted stock units ("RSUs"). 100% 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.
- F2Shares held by the Gutshall Family Trust DTD 3-7-1990, of which the Reporting Person is a co-trustee.
- F3100% of the shares subject to the grant vest and become exercisable on the one-year anniversary of the grant date, subject to the continuing service of the Reporting Person on the vesting date.