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EVP of CEPHEID just picked up 47 shares

Dan Madden, EVP of CEPHEID, recently acquired 47 shares of the company. The buys took place at $48.44 per share, on September 02, 2015. Madden now owns 11,119 shares of the company. Madden operates out of Sunnyvale, CA. Some additional info was provided as follows:

Exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities incident to the...

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