Jacon Philippe 4
4 · CEPHEID · Filed May 1, 2013
Insider Transaction Report
Form 4
CEPHEIDCPHD
Jacon Philippe
EVP, Emerging Markets
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2013-04-29+52,500→ 52,500 totalExercise: $38.66Exp: 2020-04-29→ Common Stock (52,500 underlying) - Award
Restricted stock units
2013-04-29+8,000→ 8,000 totalExercise: $0.00→ Common Stock (8,000 underlying)
Footnotes (3)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
- [F2]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.
- [F3]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.