4//SEC Filing
CEPHEID 4
Accession 0001209191-15-062700
CIK 0001037760operating
Filed
Jul 27, 8:00 PM ET
Accepted
Jul 28, 5:01 PM ET
Size
9.6 KB
Accession
0001209191-15-062700
Insider Transaction Report
Form 4
CEPHEIDCPHD
FLOM KERRY
SVP Clinical Affairs & Reg Sub
Transactions
- Exercise/Conversion
Common Stock
2015-07-24+156→ 36,846 total - Tax Payment
Common Stock
2015-07-24$56.26/sh−49$2,757→ 36,797 total - Exercise/Conversion
Restricted Stock Units
2015-07-24−156→ 469 totalExercise: $0.00→ Common Stock (156 underlying)
Footnotes (4)
- [F1]Vesting of restricted stock units ("RSUs") granted to the Reporting Person.
- [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 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 typeoperating
IncorporatedCA
Related Parties
1- filerCIK 0001037760
Filing Metadata
- Form type
- 4
- Filed
- Jul 27, 8:00 PM ET
- Accepted
- Jul 28, 5:01 PM ET
- Size
- 9.6 KB