X0306 4 2013-04-24 0 0001037760 CEPHEID CPHD 0001034467 MORTON DEAN O C/O CEPHEID 904 CARIBBEAN DRIVE SUNNYVALE CA 94089 1 0 0 0 Common Stock 2013-04-24 4 M 0 1050 0 A 15650 D Common Stock 5000 I By Dean O. Morton 2008 Annuity Trust Common Stock 5000 I By Lavon Morton 2008 Annuity Trust Common Stock 75500 I By Trust Common Stock 82500 I By MDLC Partners Restricted Stock Units 0 2013-04-24 4 M 0 1050 0 D Common Stock 1050 0 D Vesting of restricted stock units ("RSUs") granted to the Reporting Person on April 24, 2012. Shares are held by the Dean O. Morton 2008 Annuity Trust U/A DTD 10/07/2008, of which the Reporting Person is a trustee. Shares are held by the Lavon Morton 2008 Annuity Trust U/A DTD 10/07/2008, of which the Reporting Person is a trustee. Shares are held by the Dean and Lavon Morton Trust dated 9/20/79, of which the Reporting Person is a trustee. The reporting Person is a general partner of MDLC Partners, a California limited partnership ("MDLC"). As a general partner, Reporting Person shares voting and investment power of the shares held by MDLC. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein. Each RSU represents a contingent right to receive one share of the Issuer's common stock. 100% of the RSUs vest on the one-year anniversary of the grant date, subject to the continuing service of the Reporting Person on the vesting date. Shares of the Issuer's common stock will be delivered to the Reporting Person upon vesting. /s/ Dean O. Morton by Joseph H. Smith, Attorney-in-Fact 2013-04-25