Home > Insider Trading > Filing (0001140361-10-001524)

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
1427842	J Peter Dailey	C/O Cepheid 904 Caribbean Drive Sunnyvale CA 94089	Svp, Research And Development	No	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	2010-01-07	20,000	$9.02	29,661	No	4	M	Direct
Common Stock	Disposition	2010-01-07	22,161	$14.50	7,500	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	Employee Stock Option (right to buy)	Disposition	2010-01-07	20,000	$0.00	20,000	$9.02

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
80,000		2013-06-12	No	4	M	Direct

Footnotes

This transaction was effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on May 29, 2008.
7,500 Shares are subject to a right of repurchase, which right lapses as to one-third of the shares on Janaury 23, 2010 and as to an additional one-third of the shares on each annual anniversary thereafter until fully vested.
25% of the shares vested and became exercisable on June 12, 2007 and 2.0833% of the shares vest and are exercisable on each monthly anniversary of the First Vesting Date until 100% vested.