X0306 4 2013-10-24 0 0001037760 CEPHEID CPHD 0001479659 FLOM KERRY C/O CEPHEID 904 CARIBBEAN DRIVE SUNNYVALE CA 94089 0 1 0 0 EVP, Regulatory Affairs Common Stock 2013-10-24 4 S 0 101 39.7943 D 19899 D Common Stock 2013-10-24 4 M 0 156 0 A 20055 D Common Stock 2013-10-24 4 F 0 55 40.26 D 20000 D Common Stock 2013-10-25 4 M 0 237 0 A 20237 D Common Stock 2013-10-25 4 F 0 77 40.48 D 20160 D Restricted Stock Units 0 2013-10-24 4 M 0 156 0 D Common Stock 156 1563 D Restricted Stock Units 0 2013-10-25 4 M 0 237 0 D Common Stock 237 1422 D The transaction reported on this Form 4 was effected pursuant to a 10b5-1 trading plan adopted by the reporting person on February 11, 2013. Represents the aggregate of sales effected on the same day at different prices. Represents the weighted average sales price per share. The shares sold at prices ranging from $39.72 to $39.795 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer. Vesting of restricted stock units ("RSUs") granted to the Reporting Person on April 24, 2012. 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 on this line 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. Vesting of RSUs granted to the Reporting Person on April 25, 2011. Each RSU represents a contingent right to receive one share of the Issuer's common stock. 25% of the 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. /s/ Kerry Flom by Joseph H. Smith, Attorney-in-Fact 2013-10-28