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EVP of CEPHEID was just granted 50,500 options

Peter V. Farrell, EVP of CEPHEID, just received 50,500 options from the company. The strike price of the options received was $35.94, and these expire on April 25, 2023. Farrell now owns at least 50,500 options on the company.

Some additional info was provided as follows:

25% of the shares subject to the grant vest and become exercisable on the one-year anniversary of the grant date, then 2.0833% 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 above information was disclosed in a filing to the SEC. To see the filing, click here.

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Other recent filings from the company include the following:

CEPHEID's Chairman of the Board and CEO just cashed-in 110,000 options - April 27, 2016
EVP of CEPHEID was just granted 50,500 options - April 27, 2016
CEPHEID's Corporate VP & CRO was just granted 14,000 options - April 27...