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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.