ORASURE TECHNOLOGIES INC — Director's Dealing 2012

Feb 24, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ORASURE TECHNOLOGIES INC (OSUR)
CIK: 0001116463
Period of Report: 2012-02-21

Reporting Person: JERRETT JACK E (SVP & General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-02-21	Common stock	M	10288	$6.955	Acquired	43238	Direct
2012-02-21	Common stock	S	10288	$10.41	Disposed	32950	Direct
2012-02-23	Common stock	M	29712	$6.955	Acquired	62662	Direct
2012-02-23	Common stock	M	21805	$8.20	Acquired	84467	Direct
2012-02-23	Common stock	M	18195	$2.805	Acquired	102662	Direct
2012-02-23	Common stock	S	69712	$10.40	Disposed	32950	Direct
2012-02-23	Common stock	S	9635	$10.425	Disposed	23315	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-02-21	Incentive stock option	$6.955	M	10288	Disposed	2013-01-31	Common stock (10288)	Direct
2012-02-23	Incentive stock option	$6.955	M	8598	Disposed	2013-01-31	Common stock (8598)	Direct
2012-02-23	Nonqualified stock option	$6.955	M	21114	Disposed	2013-01-31	Common stock (21114)	Direct
2012-02-23	Incentive stock option	$8.20	M	14099	Disposed	2014-01-14	Common stock (14099)	Direct
2012-02-23	Nonqualified stock option	$8.20	M	7706	Disposed	2014-01-14	Common stock (7706)	Direct
2012-02-23	Nonqualified stock option	$2.805	M	18195	Disposed	2019-01-23	Common stock (18195)	Direct

Footnotes

F1: 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.

F2: 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.

F3: Incentive stock options granted on January 14, 2004 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: Nonqualified stock options granted on January 14, 2004 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.

F5: 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.