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CEPHEID's EVP & Chief Operating Officer just cashed-in 521 options

Warren C Kocmond, CEPHEID's EVP & Chief Operating Officer, recently cashed-in 521 options. The options were exercised at $0.00, while the disposals took place between $35.78 and $36.08 per share, on dates ranging from November 06 to November 09, 2015. Kocmond continues to hold 13,750 shares of the company. Kocmond operates out of Sunnyvale, CA. Some additional info was provided as follows:

Vesting of restricted stock units ("RSUs") granted to the Reporting Person. Exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported...