Dailey Peter J 4
4 · CEPHEID · Filed Jan 12, 2010
Insider Transaction Report
Form 4
CEPHEIDCPHD
Dailey Peter J
SVP, Research and Development
Transactions
- Exercise/Conversion
Common Stock
2010-01-07$9.02/sh+20,000$180,400→ 29,661 total - Sale
Common Stock
2010-01-07$14.50/sh−22,161$321,335→ 7,500 total - Exercise/Conversion
Employee Stock Option (right to buy)
2010-01-07−20,000→ 80,000 totalExercise: $9.02Exp: 2013-06-12→ Common Stock (20,000 underlying)
Footnotes (3)
- [F1]This transaction was effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on May 29, 2008.
- [F2]7,500 Shares are subject to a right of repurchase, which right lapses as to one-third of the shares on Janaury 23, 2010 and as to an additional one-third of the shares on each annual anniversary thereafter until fully vested.
- [F3]25% of the shares vested and became exercisable on June 12, 2007 and 2.0833% of the shares vest and are exercisable on each monthly anniversary of the First Vesting Date until 100% vested.