Dailey Peter J 4
4 · CEPHEID · Filed Mar 12, 2010
Insider Transaction Report
Form 4
CEPHEIDCPHD
Dailey Peter J
SVP, Research and Development
Transactions
- Exercise/Conversion
Employee Stock Option (right to buy)
2010-03-10−15,000→ 50,000 totalExercise: $9.02Exp: 2013-06-12→ Common Stock (15,000 underlying) - Sale
Common Stock
2010-03-10$19.50/sh−15,000$292,500→ 5,000 total - Exercise/Conversion
Common Stock
2010-03-10$9.02/sh+15,000$135,300→ 20,000 total
Footnotes (3)
- [F1]This transaction was effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on August 25, 2009.
- [F2]5,000 shares are subject to a right of repurchase, which right lapses as to one-half of the shares on January 23, 2011 and the balance on January 23, 2012.
- [F3]25% of the shares subject to the grant 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.