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ORASURE TECHNOLOGIES INC Director's Dealing 2011

Jan 5, 2011

33573_dirs_2011-01-04_2f3f894b-bf1c-4636-9df9-2fe2b77c0e5d.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: 2011-01-03

Reporting Person: Zezzo II Anthony (EVP, Marketing and Sales)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-01-03 Common Stock A 75000 Acquired 75000 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-01-03 NonQual. Stock Options $5.935 A 115000 Acquired 2021-01-03 Common Stock (115000) Direct

Footnotes

F1: Grant of restricted shares under the OraSure Technologies, Inc. 2000 Stock Award Plan, with one-third of the grant vesting on January 3, 2012, January 3, 2013 and January 3, 2014. Vesting shall cease upon voluntary termination of employment.

F2: 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.