0001140361-14-017343.txt : 20140423
0001140361-14-017343.hdr.sgml : 20140423
20140423170447
ACCESSION NUMBER: 0001140361-14-017343
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20140421
FILED AS OF DATE: 20140423
DATE AS OF CHANGE: 20140423
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: CEPHEID
CENTRAL INDEX KEY: 0001037760
STANDARD INDUSTRIAL CLASSIFICATION: LABORATORY ANALYTICAL INSTRUMENTS [3826]
IRS NUMBER: 770441625
STATE OF INCORPORATION: CA
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 904 CARIBBEAN DRIVE
CITY: SUNNYVALE
STATE: CA
ZIP: 94089
BUSINESS PHONE: 4085414191
MAIL ADDRESS:
STREET 1: 904 CARIBBEAN DRIVE
CITY: SUNNYVALE
STATE: CA
ZIP: 94089
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: BISHOP JOHN L
CENTRAL INDEX KEY: 0001189846
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-30755
FILM NUMBER: 14779359
4
1
doc1.xml
FORM 4
X0306
4
2014-04-21
0
0001037760
CEPHEID
CPHD
0001189846
BISHOP JOHN L
C/O CEPHEID
904 CARIBBEAN DRIVE
SUNNYVALE
CA
94089
1
1
0
0
Chairman of the Board and CEO
Common Stock
2014-04-22
4
M
0
42349
11.94
A
82199
D
Common Stock
2014-04-22
4
S
0
42349
46.1067
D
39850
D
Restricted Stock Units
0
2014-04-21
4
A
0
19500
0
A
Common Stock
19500
19500
D
Non-Qualified Stock Option (right to buy)
45.84
2014-04-21
4
A
0
176250
0
A
2021-04-21
Common Stock
176250
176250
D
Non-Qualified Stock Option (right to buy)
11.94
2014-04-22
4
M
0
42349
0
D
2014-04-25
Common Stock
42349
107651
D
Includes a total of 674 shares acquired under the Issuer's Employee Stock Purchase Plan on January 31, 2011, July 29, 2011 and January 31, 2012. As the result of an administrative error, such previous ESPP purchases were not reported on prior Forms 4 filed by the Reporting Person.
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 $46.00 to $46.18 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.
Each restricted stock unit ("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.
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.
The stock option grant is 100% vested and immediately exercisable.
/s/ John L. Bishop by Joseph H. Smith, Attorney-in-Fact
2014-04-23
EX-24
2
poa1.htm
POWER OF ATTORNEY
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, that the undersigned hereby constitutes and appoints Joseph Smith, Andrew Albertson, Ramona (Nanette) Dove, Toni Jackson and Jacobin Zorin, and each of them, as his true and lawful attorney-in-fact to:
(1) execute for and on behalf of the undersigned, in the undersigned's capacity as a representative of Cepheid (the "Company"), any and all Form ID filings, Forms 3, 4 and 5 reports and any amendments thereto required to be filed by the undersigned in accordance with Section 16(a) of the Securities Exchange Act of 1934 (the "Exchange Act") and the rules and regulations thereunder with respect to transactions in the Company's securities;
(2) do and perform any and all acts for and on behalf of the undersigned which may be necessary or desirable to complete and execute any such Form ID filings, Forms 3, 4 and 5 reports and any amendments thereto and timely file such report with the U.S. Securities and Exchange Commission and any stock exchange or similar authority; and
(3) take any other action which, in the opinion of such attorney-in-fact, may be of benefit to, in the best interest of, or legally required by, the undersigned in connection with the foregoing powers.
The undersigned hereby grants to each such attorney-in-fact full power and authority to do and perform each and every act and thing whatsoever requisite, necessary, and proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally present, with full power of substitution or revocation, hereby ratifying and confirming all that such attorney-in-fact, or his or her substitute or substitutes, shall lawfully do or cause to be done by virtue of this Power of Attorney and the rights and powers herein granted. The undersigned acknowledges that no such attorney-in-fact, in serving in such capacity at the request of the undersigned, is hereby assuming, nor is the Company hereby assuming, any of the undersigned's responsibilities to comply with Section 16 of the Exchange Act.
This Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file Forms 3, 4 or 5 reports with respect to the undersigned's holdings of and transactions in securities issued by the Company, unless earlier revoked by the undersigned in a signed writing delivered to the foregoing attorneys-in-fact.
IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of this 22nd day of April, 2014.
/s/ John L. Bishop
John L. Bishop