Filing Details

Accession Number:
0001140361-11-023359
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-04-27 16:06:11
Reporting Period:
2011-04-25
Filing Date:
2011-04-27
Accepted Time:
2011-04-27 16:06:11
SEC Url:
Form 4 Filing
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
1189846 L John Bishop C/O Cepheid
904 Caribbean Drive
Sunnyvale CA 94089
Ceo Yes Yes 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 2011-04-26 2,400 $3.61 17,608 No 4 M Direct
Common Stock Disposition 2011-04-26 2,400 $32.00 15,208 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Non-Qualified Stock Option (right to buy) Acquisiton 2011-04-25 180,000 $0.00 180,000 $31.49
Common Stock Restricted Stock Units Acquisiton 2011-04-25 25,000 $0.00 25,000 $0.00
Common Stock Employee Stock Option (right to buy) Disposition 2011-04-26 2,400 $0.00 2,400 $3.61
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
180,000 2018-04-24 No 4 A Direct
25,000 No 4 A Direct
58,400 2012-04-12 No 4 M Direct
Footnotes
  1. This transaction was effected pursuant to a 10b5-1 trading plan adopted by the reporting person on November 30, 2010.
  2. 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.
  3. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
  4. 25% of the restricted stock units ("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.
  5. The stock option grant is 100% vested and immediately exercisable.