SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

PRINGLE ROGER L

(Last)

(First)

(Middle)

220 EAST FIRST STREET

(Street)

BETHLEHEM

18015

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
ORASURE TECHNOLOGIES INC [ OSUR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
05/05/2017

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common stock	05/05/2017		M		75,000	A	$4.165	151,452	D
Common stock	05/05/2017		M		20,552	A	$5.04	172,004	D
Common stock	05/05/2017		M		15,000	A	$5.04	187,004	D
Common stock	05/05/2017		M		15,000	A	$4.2188	202,044	D
Common stock	05/05/2017		M		15,000	A	$8.055	217,004	D
Common stock	05/05/2017		S		140,552	D	$14.933	76,452	D
Common stock								50,476	I	By family trust
Common stock								42,000	I	By proft sharing plan
Common stock								1,500	I	By spouse

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Discounted stock options	$4.165	05/05/2017		M			75,000	⁽¹⁾	⁽¹⁾	Common stock	75,000	$0	0	D
Discounted stock options	$5.04	05/05/2017		M			20,552	⁽²⁾	⁽²⁾	Common stock	20,552	$0	0	D
Discounted stock options	$5.04	05/05/2017		M			15,000	⁽³⁾	⁽³⁾	Common stock	15,000	$0	0	D
Discounted stock options	$4.2188	05/05/2017		M			15,000	⁽⁴⁾	⁽⁴⁾	Common stock	15,000	$0	0	D
Nonqualified stock options	$8.055	05/05/2017		M			15,000	⁽⁵⁾	02/01/2018	Common stock	15,000	$0	0	D

Explanation of Responses:

1. Discounted stock options, granted on 01/08/1991, vesting in five tranches, over a four-year period following the grant date, with no expiration date.

2. Discounted stock options, granted on 09/04/1992, vesting annually over a fout-year period immediately folowing the grant date, with no expiration date.

3. Discounted stock options, granted on 12/15/1994, vesting in increments of 5,000 options on February 21, 1996, 1997 and 1998, with no expiration date.

4. Discounted stock options, granted on 2/17/1998, vesting in increments of 5,000 options on February 17, 1999, 2000 and on September 29, 2000, with no expiration date.

5. Nonqualified stock options granted on 02/01/2008, vesting and exercisable on a monthly basis, over the 12 months immediately following the grant date.

Remarks:

	Mark L. Kuna, As Attorney-In-Fact for Roger L. Pringle, (Power of Attorney previously filed)	05/09/2017
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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