4//SEC Filing
CEPHEID 4
Accession 0001140361-12-021612
CIK 0001037760operating
Filed
Apr 25, 8:00 PM ET
Accepted
Apr 26, 9:24 PM ET
Size
14.6 KB
Accession
0001140361-12-021612
Insider Transaction Report
Form 4
CEPHEIDCPHD
ARNOLD NICOLAAS
EVP, Worldwide Comm'l Ops
Transactions
- Exercise/Conversion
Common Stock
2012-04-25+1,000→ 2,503 total - Tax Payment
Common Stock
2012-04-25$37.17/sh−467$17,358→ 2,036 total - Award
Restricted Stock Units
2012-04-24+5,417→ 5,417 totalExercise: $0.00→ Common Stock (5,417 underlying) - Award
Non-qualified Stock Option (right to buy)
2012-04-24+48,750→ 48,750 totalExercise: $35.72Exp: 2019-04-24→ Common Stock (48,750 underlying) - Exercise/Conversion
Restricted Stock Units
2012-04-25−1,000→ 3,000 totalExercise: $0.00→ Common Stock (1,000 underlying)
Holdings
- 1,000(indirect: By Spouse)
Common Stock
Footnotes (5)
- [F1]Vesting of restricted stock units ("RSUs") granted to the Reporting Person on April 25, 2011.
- [F2]Exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of in this Form 4 were relinquished by the Reporting Person and cancelled by the Issuer in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting Person resulting from the vesting of RSUs. The Reporting Person did not sell or otherwise dispose of any of the shares reported on this Form 4 for any reason other than to cover required taxes.
- [F3]Each RSU represents a contingent right to receive one share of the Issuer's common stock.
- [F4]25% of the RSUs vest on the one-year anniversary of the grant date, then 6.25% of the RSUs vest each quarterly anniversary thereafter, until such time as the RSUs are 100% vested, subject to the continuing employment of the Reporting Person on each vesting date. Shares of the Issuer's common stock will be delivered to the Reporting Person upon vesting.
- [F5]25% of the shares subject to the grant vest and become exercisable on the one-year anniversary of the grant date, then 2.083% 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.
Documents
Issuer
CEPHEID
CIK 0001037760
Entity typeoperating
IncorporatedCA
Related Parties
1- filerCIK 0001037760
Filing Metadata
- Form type
- 4
- Filed
- Apr 25, 8:00 PM ET
- Accepted
- Apr 26, 9:24 PM ET
- Size
- 14.6 KB