CERUS CORP — Director's Dealing 2016

Aug 24, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CERUS CORP (CERS)
CIK: 0001020214
Period of Report: 2016-08-22

Reporting Person: Green Kevin Dennis (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-08-22	Common Stock	M	11000	$4.19	Acquired	53167	Direct
2016-08-22	Common Stock	S	11000	$6.7931	Disposed	42167	Direct
2016-08-22	Common Stock	M	6150	$5.55	Acquired	48317	Direct
2016-08-22	Common Stock	S	6150	$6.8111	Disposed	42167	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-08-22	Option (Right to Buy)	$4.19	M	11000	Disposed	2017-09-30	Common Stock (11000)	Direct
2016-08-22	Option (Right to Buy)	$5.55	M	6150	Disposed	2016-10-01	Common Stock (6150)	Direct

Footnotes

F1: This amount includes the following shares purchased under Cerus' 1996 Employee Stock Purchase Plan: 1,942 on 2/29/16, 3,590 on 8/31/15, 2,430 on 2/27/2015, 2,451 on 8/29/2014, 2,143 on 2/28/2014, 3,733 on 8/30/2013, 3,404 on 8/31/2012, 5,274 on 2/28/2010.

F2: The reported price in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.79 to $6.81 per share, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the aforementioned range set forth.

F3: The reported price in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.81 to $6.82 per share, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the aforementioned range set forth.

F4: One eighth (1/8th) of the shares subject to this Option vested six (6) months after October 1, 2008, and one forty-eighth (1/48th) of the shares subject to this Option vested on the first day of each month thereafter.

F5: Not applicable.

F6: The shares subject to the Option vested in forty-eight (48) equal monthly installments over 4 years after October 2, 2006.