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CEPHEID director just disposed of 2,153 shares

Robert J Easton, a director of CEPHEID, recently disposed of 2,153 shares of the company. The disposals took place at prices ranging from $34.44 to $35.60 per share, on dates ranging from November 10 to November 12, 2015. Easton still owns 93,485 shares of the company. Easton operates out of Sunnyvale, CA. Some additional info was provided as follows:

The shares were issued pursuant to the Issuer's director stock election policy whereby non-employee directors may elect to receive...