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EVP of CEPHEID just disposed of 1,577 shares

Peter V. Farrell, EVP of CEPHEID, recently disposed of 1,577 shares of the company. The disposals took place at prices ranging from $48.65 to $49.28 per share, on August 27, 2015. Farrell still owns 25,738 shares of the company. Farrell operates out of Sunnyvale, CA. Some additional info was provided as follows:

The transactions reported on this Form 4 were effected pursuant to...