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ORASURE TECHNOLOGIES INC Director's Dealing 2013

Feb 5, 2013

33573_dirs_2013-02-04_21906440-1d56-4369-8c69-2997caacc610.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: 2013-02-01

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2013-02-01 Common stock F 12795 $7.045 Disposed 553848 Direct
2013-02-01 Common stock A 62456 Acquired 616304 Direct
2013-02-01 Common stock G 3970 Disposed 612334 Direct
2013-02-01 Common stock G 3970 Disposed 608364 Direct
2013-02-01 Common stock G 3970 Acquired 9370 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2013-02-01 Nonqualified stock option $7.045 A 181883 Acquired 2023-02-01 Common stock (181883) 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, 2014, February 1, 2015, and February 1, 2016. Vesting shall cease upon voluntary termination of employment.

F3: Gift

F4: Gift to son who shares reporting person's household.

F5: The reporting person disclaims beneficial ownership of all securities held by his son, and this report should not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of section 16 or any other purpose.

F6: 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.