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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1037760	Cepheid	CPHD	Laboratory Analytical Instruments (3826)	770441625

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1189844	J Robert Easton	C/O Cepheid 904 Caribbean Drive Sunnyvale CA 94089		Yes	No	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2015-11-10	403	$35.60	9,524	No	4	A	Direct
Common Stock	Disposition	2015-11-10	723	$35.60	81,619	No	4	S	Indirect	See Footnote
Common Stock	Disposition	2015-11-11	790	$35.22	80,829	No	4	S	Indirect	See Footnote
Common Stock	Disposition	2015-11-12	1,043	$34.44	79,786	No	4	S	Indirect	See Footnote

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	A	Direct
No	4	S	Indirect	See Footnote
No	4	S	Indirect	See Footnote
No	4	S	Indirect	See Footnote

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	4,175	Indirect	See Footnote

Footnotes

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.
Shares held by Joan Easton, the Reporting Person's spouse.
The purchase price reported is the weighted average purchase price for the number of shares purchased. Full information regarding the number of shares purchased at each separate price will be supplied upon request by the Securities & Exchange Commission staff, the Issuer or a security holder of the Issuer.
Shares are held by the Second Easton Family Charitable Trust of which the Reporting Person is the trustee.