SEC Form 4 · accession 0001179110-15-013866
CUBIC CORP /DE/ · CUB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen O Shewmaker
Officer — President, CTS and EVP
Period of report
Oct 1, 2015
Accepted (ET)
Oct 5, 2015 · 7:56 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000026076
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Oct 1, 2015 | M | 10,016 | — | A | 18,151 | D | |
| Common StockF3 | Oct 1, 2015 | F | 3,765 | $40.86 | D | 14,386 | D | |
| Common StockF2 | holding | — | — | — | 510 | I | IRA |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F4 | — | Oct 1, 2015 | M | 1,820 | D | — | — | Common Stock | 1,820 | 5,457 | D |
| Restricted Stock UnitsF1,F5 | — | Oct 1, 2015 | M | 1,768 | D | — | — | Common Stock | 1,768 | 3,536 | D |
| Restricted Stock UnitsF1,F6 | — | Oct 1, 2015 | M | 6,428 | D | — | — | Common Stock | 6,428 | 6,425 | D |
Explanation of responses
- F1Reflects the issuance of CUB common stock upon vesting of restricted stock units ("RSUs"). Each RSU granted at that time represented a contingent right to receive one share of CUB stock.
- F2Represents shares held in Reporting Person's IRA.
- F3Shares withheld by CUB to satisfy the minimum statutory tax withholding obligations that arose upon the vesting of the RSUs.
- F4This is the first of 4 vesting installments of RSUs granted to the Reporting Person on November 6, 2014. The remaining 5457 shares from such grant shall vest in 3 equal installments on October 1, 2016, 2017 and 2018, subject to the Reporting Person's continuous service through each application vesting date.
- F5This is the second of 4 vesting installments of RSUs granted to the Reporting Person on December 12, 2013. The remaining 3534 shares from such grant shall vest in 2 equal installments on October 1, 2016 and 2017, subject to the Reporting Person's continuous service through each application vesting date.
- F6This is the third of 4 vesting installments of RSUs granted to the Reporting Person on March 21, 2013. The remaining 6425 shares from such grant shall vest on October 1, 2016, subject to the Reporting Person's continuous service through such application vesting date.