ORASURE TECHNOLOGIES INC — Director's Dealing 2014

Feb 6, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ORASURE TECHNOLOGIES INC (OSUR)
CIK: 0001116463
Period of Report: 2014-02-01

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-01-23	Common stock	G	8400	$6.66	Disposed	591740	Direct
2014-02-01	Common stock	F	19760	$5.715	Disposed	571980	Direct
2014-02-03	Common stock	A	88820	—	Acquired	660800	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-02-03	Nonqualified stock option	$5.715	A	254054	Acquired	2024-02-03	Common stock (254054)	Direct

Footnotes

F1: Gift

F2: Withholding of shares to pay the tax liability associated with vesting of restricted shares.

F3: Grant of restricted shares under the OraSure Technologies, Inc. Stock Award Plan, with one-third of the grant vesting on February 3, 2015, February 3, 2016, and February 3, 2017. Vesting shall cease upon voluntary termination of employment.

F4: 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.