ORASURE TECHNOLOGIES INC — Director's Dealing 2011

Jul 7, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ORASURE TECHNOLOGIES INC (OSUR)
CIK: 0001116463
Period of Report: 2011-07-05

Reporting Person: SPAIR RONALD H (Director, COO & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-07-05	Common Stock	M	32800	$5.865	Acquired	365541	Direct
2011-07-05	Common Stock	S	32800	$8.954	Disposed	332741	Direct
2011-07-06	Common Stock	M	32200	$5.865	Acquired	364941	Direct
2011-07-06	Common Stock	S	32200	$9.165	Disposed	332741	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-07-05	Incentive Stock Options	$5.865	M	1357	Disposed	2012-01-31	Common Stock (1357)	Direct
2011-07-05	NonQual. Stock Options	$5.865	M	31443	Disposed	2012-01-31	Common Stock (31443)	Direct
2011-07-06	NonQual. Stock Options	$5.865	M	32200	Disposed	2012-01-31	Common Stock (32200)	Direct

Footnotes

F1: Sale pursuant to a predetermined sales plan executed in May 2011, under Rule 10b5-1 of the Securities and Exchange Act of 1934.

F2: Incentive stock options granted on January 31, 2002, vesting and exercisable over a four year period, with one-fourth of the options vesting on the first anniversary date of the grant and the remainder vesting ratably on a monthly basis, over the remaining 36 months.

F3: Nonqualified stock options granted on January 31, 2002, vesting and exercisable over a four year period, with one-fourth of the options vesting on the first anniversary date of the grant and the remainder vesting ratably on a monthly basis, over the remaining 36 months.