CEPHEID 4
4 · CEPHEID · Filed Dec 16, 2013
Insider Transaction Report
Form 4
CEPHEIDCPHD
Post Jim
EVP, NA Commercial Operations
Transactions
- Award
Non-qualified stock option (right to buy)
2013-12-16+100,000→ 100,000 totalExercise: $44.96Exp: 2020-12-16→ Common Stock (100,000 underlying) - Award
Restricted Stock Units
2013-12-16+8,333→ 8,333 totalExercise: $0.00→ Common Stock (8,333 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.