X0306 4 2016-08-10 0 0001037760 CEPHEID CPHD 0001189844 EASTON ROBERT J C/O CEPHEID 904 CARIBBEAN DRIVE SUNNYVALE CA 94089 1 0 0 0 Common Stock 2016-08-10 4 A 0 471 35.88 A 12815 D Common Stock 2016-08-10 4 A 0 29 26.73 A 12844 D Common Stock 4175 I See Footnote Common Stock 73655 I See Footnote The shares were issued pursuant to the Issuer's director stock election policy whereby non-employee directors may elect to receive fully-vested shares of common stock in lieu of between 50-100% of their annual cash retainers and committee chair fees. The price per share was based on the NASDAQ closing price of the Issuer's common stock on the date of issuance. The shares were issued pursuant to the Issuer's director stock election policy whereby non-employee directors may elect to receive fully-vested shares of common stock in lieu of between 50-100% of their annual cash retainers and committee chair fees. An adjustment to the previous quarter's fees resulted in and additional issuance for which the price per share based on the NASDAQ closing price of the Issuer's common stock on the date of the original payment date of the fees. Shares held by Joan Easton, the Reporting Person's spouse. Shares are held by the Second Easton Family Charitable Trust of which the Reporting Person is the trustee. Jacobin Zorin, Attorney-In-Fact 2016-08-11