4//SEC Filing
Reyes Humberto 4
Accession 0001140361-13-003371
CIK 0001037760other
Filed
Jan 27, 7:00 PM ET
Accepted
Jan 28, 4:11 PM ET
Size
9.4 KB
Accession
0001140361-13-003371
Insider Transaction Report
Form 4
CEPHEIDCPHD
Reyes Humberto
Executive VP, Operations
Transactions
- Exercise/Conversion
Common Stock
2013-01-25+312→ 14,725 total - Tax Payment
Common Stock
2013-01-25$37.83/sh−137$5,183→ 14,588 total - Exercise/Conversion
Restricted Stock Units
2013-01-25−312→ 2,813 totalExercise: $0.00→ Common Stock (312 underlying)
Footnotes (4)
- [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.
Documents
Issuer
CEPHEID
CIK 0001037760
Entity typeother
Related Parties
1- filerCIK 0001309581
Filing Metadata
- Form type
- 4
- Filed
- Jan 27, 7:00 PM ET
- Accepted
- Jan 28, 4:11 PM ET
- Size
- 9.4 KB