SEC Form 4 · accession 0001179110-16-030370
CUBIC CORP /DE/ · CUB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bradley H Feldmann
Officer — President/CEO
Period of report
Oct 1, 2016
Accepted (ET)
Oct 4, 2016 · 6:46 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 | 21,991 | — | A | 33,274 | D | |
| Common StockF2 | Oct 1, 2016 | F | 9,998 | $46.81 | D | 23,276 | D | |
| Common StockF3 | holding | — | — | — | 3,050 | I | Feldmann IRA | |
| Common StockF4 | holding | — | — | — | 1,244 | I | Cubic 401(k) | |
| Common StockF5 | holding | — | — | — | 33 | I | The Feldmann Family Trust DTD 04-20-12 |
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 | 3,325 | D | — | — | Common Stock | 3,325 | 3,324 | D |
| Restricted Stock UnitsF1,F7 | — | Oct 1, 2016 | M | 2,273 | D | — | — | Common Stock | 2,273 | 2,271 | D |
| Restricted Stock UnitsF1,F8 | — | Oct 1, 2016 | M | 7,712 | D | — | — | Common Stock | 7,712 | 0 | D |
| Restricted Stock UnitsF1,F9 | — | Oct 1, 2016 | M | 3,899 | D | — | — | Common Stock | 3,899 | 7,795 | D |
| Restricted Stock UnitsF1,F10 | — | Oct 1, 2016 | M | 4,782 | D | — | — | Common Stock | 4,782 | 14,344 | 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.
- F10This is the first of 4 vesting installments of RSU's granted to the Reporting Person on November 6, 2015. The remaining 14,344 shares from such grant shall vest in 3 equal installments on October 1, 2017, 2018 and 2019, subject to the Reporting Person's continuous service through each application vesting date.
- F2Shares withheld by CUB to satisfy the minimum statutory tax withholding obligations that arose upon the vesting of the RSUs.
- F3Represents shares held by the PTC Cust Rollover FBO Bradley Feldmann, of which the Reporting Person is the sole owner with full voting and disposition rights.
- F4Represents shares held by the Reporting Person's 401(k).
- F5The Feldmann Family Trust DTD 04-20-2012, of which the Reporting Person and his spouse are co-trustees with full voting and disposition rights.
- F6This is the third of 4 vesting installments of RSUs granted to the Reporting Person on July 1, 2014. The remaining 3,324 shares from such grant shall vest on October 1, 2017, subject to the Reporting Person's continuous service through each application vesting date.
- F7This is the third of 4 vesting installments of RSUs granted to the Reporting Person on December 12, 2013. The remaining 2,271 shares from such grant shall vest on October 1, 2017, subject to the Reporting Person's continuous service through each application vesting date.
- F8This is the fourth and final of 4 vesting installments of RSUs granted to the Reporting Person on March 21, 2013.
- F9This is the second of 4 vesting installments of RSUs granted to the Reporting Person on November 6, 2014. The remaining 7795 shares from such grant shall vest in 2 equal installments on October 1, 2017 and 2018, subject to the Reporting Person's continuous service through such application vesting date.