SEC Form 4 · accession 0001179110-16-030375
CUBIC CORP /DE/ · CUB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David H. Buss
Officer — President, CGD
Period of report
Oct 1, 2016
Accepted (ET)
Oct 4, 2016 · 6:55 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 | 1,482 | — | A | 1,704 | D | |
| Common StockF2 | Oct 1, 2016 | F | 558 | $46.81 | D | 1,146 | D |
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,F3 | — | Oct 1, 2016 | M | 393 | D | — | — | Common Stock | 393 | 786 | D |
| Restricted Stock UnitsF1,F4 | — | Oct 1, 2016 | M | 287 | D | — | — | Common Stock | 287 | 861 | D |
| Restricted Stock UnitsF1,F5 | — | Oct 1, 2016 | M | 802 | D | — | — | Common Stock | 802 | 2,405 | 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.
- F3This is the second of 4 vesting installments of RSUs granted to the Reporting Person on July 1, 2015. The remaining 786 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.
- F4This is the first of 4 vesting installments of RSU's granted to the Reporting Person on November 6, 2015. The remaining 861 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.
- F5This is the first of 4 vesting installments of RSU's granted to the Reporting Person on May 24, 2016. The remaining 2405 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.