SEC Form 4 · accession 0001209191-18-041045

CAMBREX CORP · CBM

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Steven M Klosk

Officer — President & CEO · Director

Period of report

Jul 2, 2018

Accepted (ET)

Jul 3, 2018 · 4:20 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
Common Stock^F1	Jul 2, 2018	M	25,000	$12.46	A	188,328	D
Common Stock^F1	Jul 2, 2018	M	30,000	$16.905	A	218,328	D
Common Stock^F1,F2	Jul 2, 2018	S	30,642	$51.45	D	187,686	D
Common Stock^F1,F3	Jul 2, 2018	S	24,358	$52.08	D	163,328	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)^F4	$12.46	Jul 2, 2018	M	25,000	A	—	Oct 24, 2019	Common Stock	25,000	0	D
Stock Option (right to buy)^F5	$16.905	Jul 2, 2018	M	30,000	A	—	Oct 28, 2020	Common Stock	30,000	50,000	D

Explanation of responses

F1The exercise of stock options and sale of corresponding shares reported herein was carried out pursuant to a plan of disposition adopted in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934.
F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $51.00 to $51.975 inclusive. The reporting person undertakes to provide to Cambrex Corporation, any security holder of Cambrex Corporation, or staff of the Securities 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.
F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $52.00 to $52.35 inclusive. The reporting person undertakes to provide to Cambrex Corporation, any security holder of Cambrex Corporation, or staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this Footnote 3 to this Form 4.
F4The option representing a right to purchase 80,000 shares became exercisable in four equal installments beginning October 24, 2013, which was the first anniversary of the date on which the option was granted.
F5The option representing a right to purchase 80,000 shares became exercisable in four equal installments beginning October 28,2014, which was the first anniversary of the date on which the option was granted.