CEPHEID 4
4 · CEPHEID · Filed Oct 31, 2016
Insider Transaction Report
Form 4
CEPHEIDCPHD
KOCMOND WARREN C JR
EVP, Global Operations
Transactions
- Tax Payment
Common Stock
2016-10-27$52.92/sh−147$7,779→ 25,448 total - Tax Payment
Common Stock
2016-10-29$52.76/sh−235$12,399→ 25,213 total
Footnotes (1)
- [F1]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.