SEC Form 4 · accession 0001179110-17-013041
CUBIC CORP /DE/ · CUB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark Harrison
Officer — SVP/Controller
Period of report
Oct 1, 2017
Accepted (ET)
Oct 3, 2017 · 6:43 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, 2017 | M | 3,699 | — | A | 3,901 | D | |
| Common StockF2 | Oct 1, 2017 | F | 1,394 | $51.00 | D | 2,507 | D | |
| Common StockF3 | holding | — | — | — | 7,751 | I | The Harrison Living Trust 2008 | |
| Common StockF4 | holding | — | — | — | 50 | I | Cubic 401(K) |
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,F5 | — | Oct 1, 2017 | M | 756 | D | — | — | Common Stock | 756 | 0 | D |
| Restricted Stock UnitsF1,F6 | — | Oct 1, 2017 | M | 780 | D | — | — | Common Stock | 780 | 779 | D |
| Restricted Stock UnitsF1,F7 | — | Oct 1, 2017 | M | 820 | D | — | — | Common Stock | 820 | 1,639 | D |
| Restricted Stock UnitsF1,F8 | — | Oct 1, 2017 | M | 815 | D | — | — | Common Stock | 815 | 2,443 | D |
| Restricted Stock UnitsF1,F9 | — | Oct 1, 2017 | M | 528 | D | — | — | Common Stock | 528 | 1,584 | 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.
- F3Represents shares held in Harrison Living Trust 2008, a trust for which Reporting Person and his spouse are co-trustees with full voting and dispositive rights.
- F4Represents shares held by the Reporting Person's 401(k).
- F5This is the fourth and final of 4 vesting installments of RSUs granted to the Reporting Person on December 12, 2013.
- F6This is the third of 4 vesting installments of RSUs granted to the Reporting Person on November 6, 2014. The remaining 779 shares from such grant shall vest on October 1, 2018, subject to the Reporting Person's continuous service through each application vesting date.
- F7This is the second of 4 vesting installments of RSUs granted to the Reporting Person on November 6, 2015. The remaining 1639 shares from such grant shall vest in 2 equal installments on October 1, 2018 and 2019, subject to the Reporting Person's continuous service through such application vesting date.
- F8This is the first of 4 vesting installments of RSU's granted to the Reporting Person on November 14, 2016. The remaining 2,443 shares from such grant shall vest in 3 equal installments on October 1, 2018, 2019 and 2020, subject to the Reporting Person's continuous service through each application vesting date.
- F9This is the first of 4 vesting installments of RSU's granted to the Reporting Person on July 17, 2017. The remaining 1,584 shares from such grant shall vest in 3 equal installments on October 1, 2018, 2019 and 2020, subject to the Reporting Person's continuous service through each application vesting date.