SEC Form 4 · accession 0001209191-16-136643
CEPHEID · CPHD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert J Easton
Director
Period of report
Aug 10, 2016
Accepted (ET)
Aug 11, 2016 · 6:21 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 | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Aug 10, 2016 | A | 471 | $35.88 | A | 12,815 | D | |
| Common Stock | Aug 10, 2016 | A | 29 | $26.73 | A | 12,844 | D | |
| Common StockF3 | holding | — | — | — | 4,175 | I | See Footnote | |
| Common StockF4 | holding | — | — | — | 73,655 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The shares were issued pursuant to the Issuer's director stock election policy whereby non-employee directors may elect to receive fully-vested shares of common stock in lieu of between 50-100% of their annual cash retainers and committee chair fees. The price per share was based on the NASDAQ closing price of the Issuer's common stock on the date of issuance.
- F2The shares were issued pursuant to the Issuer's director stock election policy whereby non-employee directors may elect to receive fully-vested shares of common stock in lieu of between 50-100% of their annual cash retainers and committee chair fees. An adjustment to the previous quarter's fees resulted in and additional issuance for which the price per share based on the NASDAQ closing price of the Issuer's common stock on the date of the original payment date of the fees.
- F3Shares held by Joan Easton, the Reporting Person's spouse.
- F4Shares are held by the Second Easton Family Charitable Trust of which the Reporting Person is the trustee.