SEC Form 4 · accession 0000820081-15-000022
CAMBREX CORP · CBM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory Sargen
Officer — EVP & CFO
Period of report
May 11, 2015
Accepted (ET)
May 12, 2015 · 4:12 pm EDT
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 | May 11, 2015 | M | 25,000 | $4.38 | A | 58,319 | D | |
| Common StockF2 | May 11, 2015 | S | 25,000 | $38.4405 | D | 33,319 | 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 | $4.38 | May 11, 2015 | M | 25,000 | D | — | Apr 21, 2017 | Common Stock | 25,000 | 0 | D |
Explanation of responses
- F1The option representing a right to purchase 50,000 shares became exercisable in four equal installments beginning April 21, 2011, which was the first anniversary of the date on which the option was granted.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $38.25 to $38.815 inclusive. The reporting person untertakes 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 range set forth in this Footnote 2 to this Form 4.