ORASURE TECHNOLOGIES INC — Director's Dealing 2011

Feb 3, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: Michels Douglas A (Director, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-02-01	Common Stock	F	8187	$6.625	Disposed	514590	Direct
2011-02-01	Common Stock	A	84300	—	Acquired	598890	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-02-01	NonQual. Stock Options	$6.625	A	193300	Acquired	2021-02-01	Common Stock (193300)	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.