ORASURE TECHNOLOGIES INC — Director's Dealing 2012

Feb 4, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ORASURE TECHNOLOGIES INC (OSUR)
CIK: 0001116463
Period of Report: 2012-02-01

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-02-01	Common stock	F	5161	$11.295	Disposed	317881	Direct
2012-02-01	Common stock	A	21886	—	Acquired	339767	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-02-01	Nonqualified stock options	$11.295	A	125207	Acquired	2022-02-01	Common stock (125207)	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. Stock Award Plan, with one-third of the grant vesting on February 1, 2013, February 1, 2014, and February 1, 2015. 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.