SEC Form 4 · accession 0001179110-16-030368
CUBIC CORP /DE/ · CUB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Walter C Zable
Officer — Exec. Chairman of the Board
Period of report
Oct 1, 2016
Accepted (ET)
Oct 4, 2016 · 6:45 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, 2016 | M | 1,600 | — | A | 1,600 | D | |
| Common StockF2 | Oct 1, 2016 | F | 603 | $46.81 | D | 997 | D | |
| Common StockF3 | holding | — | — | — | 1,776,748 | I | The Walter C. Zable Trust U/A/D 2/7/06 | |
| Common StockF4 | holding | — | — | — | 24,351 | I | W. Zable GST Trust | |
| Common StockF5 | holding | — | — | — | 164,229 | I | Trusts for Reporting Person's Children |
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,F6 | — | Oct 1, 2016 | M | 780 | D | — | — | Common Stock | 780 | 0 | D |
| Restricted Stock UnitsF1,F7 | — | Oct 1, 2016 | M | 820 | D | — | — | Common Stock | 820 | 820 | 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.
- F2Shares withheld by CUB to satisfy the minimum statutory tax withholding obligations that arose upon the vesting of the RSUs.
- F3The Walter C. Zable Trust U/A/D 2/7/06 for which the Reporting Person is sole trustee.
- F4W. Zable GST Trust FBO Walker C. Zable dtd 0/18/78 and restated 6/12/07, for which Reporting Person is sole trustee.
- F5The reported securities are held in 3 trusts for the Reporting Person's children, for which Reporting Person is sole trustee.
- F6This is the second and final of 2 vesting installments of RSUs granted to the Reporting Person on November 6, 2014.
- F7This is the first of 2 vesting installments of RSU's granted to the Reporting Person on November 6, 2015. The remaining 820 shares from such grant shall vest on October 1, 2017, subject to the Reporting Person's continuous service through each application vesting date.