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ORASURE TECHNOLOGIES INC Director's Dealing 2011

Feb 4, 2011

33573_dirs_2011-02-03_4818b205-83e9-4906-873f-9f89b11b7dd2.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ORASURE TECHNOLOGIES INC (OSUR)
CIK: 0001116463
Period of Report: 2011-02-01

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-02-01 Common Stock F 5405 $6.625 Disposed 282141 Direct
2011-02-01 Common Stock A 50600 Acquired 332741 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-02-01 NonQual. Stock Options $6.625 A 116100 Acquired 2021-02-01 Common Stock (116100) Direct

Footnotes

F1: Withholding of shares to pay the tax liability associated with vesting of restricted shares.

F2: Grant of restricted shares under the OraSure Technologies, Inc. 2000 Stock Award Plan, with one-third of the grant vesting on February 1, 2012, February 1, 2013, and February 1, 2014. Vesting shall cease upon voluntary termination of employment.

F3: Grant of nonqualified stock options, 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. Vesting shall cease upon voluntary termination of employment.