ORASURE TECHNOLOGIES INC — Director's Dealing 2012

Jul 6, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ORASURE TECHNOLOGIES INC (OSUR)
CIK: 0001116463
Period of Report: 2012-07-02

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-07-02	Common stock	M	55000	$2.805	Acquired	305567	Direct
2012-07-02	Common stock	M	90000	$6.955	Acquired	395567	Direct
2012-07-02	Common stock	S	145000	$11.165	Disposed	250567	Direct
2012-07-02	Common stock	S	17180	$11.501	Disposed	233387	Direct
2012-07-03	Common stock	S	11445	$11.508	Disposed	221942	Direct
2012-07-05	Common stock	S	34175	$12.933	Disposed	187767	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-07-02	Non-qualified stock option	$2.805	M	55000	Disposed	2019-01-23	Common stock (55000)	Direct
2012-07-02	Non-qualified stock option	$6.955	M	74889	Disposed	2013-01-31	Common stock (74889)	Direct
2012-07-02	Incentive stock option	$6.955	M	15111	Disposed	2013-01-31	Common stock (15111)	Direct

Footnotes

F1: Sale pursuant to a predetermined sales plan, entered into on May 30, 2012, under Rule 10b5-1 of the Securities and Exchange Act of 1934.

F2: Nonqualified stock options granted on January 23, 2009, 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, 2003, 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.

F4: Incentive stock options granted on January 31, 2003, 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.