SEC Form 4 · accession 0000820081-15-000006
CAMBREX CORP · CBM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Aldo Magnini
Other
Period of report
Feb 12, 2015
Accepted (ET)
Feb 13, 2015 · 4:13 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000820081
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 12, 2015 | M | 7,500 | $12.46 | A | 7,500 | D | |
| Common StockF2 | Feb 12, 2015 | S | 7,500 | $32.7513 | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F1 | $12.46 | Feb 12, 2015 | M | 7,500 | D | — | Oct 24, 2019 | Common Stock | 7,500 | 7,500 | D |
Explanation of responses
- F1The option representing a right to purchase 15,000 shares, became exercisable in four equal annual installments beginning on October 24, 2013, which was the first anniversary of the date on which the option was granted. Fifty (50%) of the option has become vested.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.72 to $32.86 inclusive. The reporting person undertakes to provide to Cambrex Corporation, any security holder of Cambrex Corporation, or the staff of the Securities and Exchange Commission upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this Footnote 2 to this Form 4.