CEPHEID 4
4 · CEPHEID · Filed May 13, 2016
Insider Transaction Report
Form 4
CEPHEIDCPHD
KEPNER CRISTINA
Director
Transactions
- Award
Common Stock
2016-05-10$26.73/sh+950$25,394→ 273,611 total
Holdings
- 45,000(indirect: See Footnote)
Common Stock
Footnotes (2)
- [F1]The shares were issued pursuant to the Issuer's director stock election policy whereby non-employee directors may elect to receive fully-vested shares of common stock in lieu of between 50-100% of their annual cash retainers and committee chair fees. The price per share was based on the NASDAQ closing price of the Issuer's common stock on the date of issuance.
- [F2]Shares held in the Reporting Person's Individual Retirement Account (IRA).