SEC Form 4 · accession 0001209191-18-045745

CAMBREX CORP · CBM

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

Reporting owner

Shawn Cavanagh

Officer — EVP & COO

Period of report

Aug 6, 2018

Accepted (ET)

Aug 7, 2018 · 5:53 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	Aug 6, 2018	M	10,000	$16.905	A	27,658	D
Common Stock	Aug 6, 2018	M	10,000	$17.81	A	37,658	D
Common Stock	Aug 6, 2018	M	17,500	$41.355	A	55,158	D
Common Stock	Aug 6, 2018	M	399	$40.65	A	55,557	D
Common Stock^F1	Aug 6, 2018	S	29,155	$62.11	D	26,402	D
Common Stock^F2	Aug 6, 2018	S	8,744	$63.16	D	17,658	D
Common Stock	Aug 7, 2018	M	8,351	$40.65	A	26,009	D
Common Stock	Aug 7, 2018	S	8,351	$62.89	D	17,658	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)^F3	$16.905	Aug 6, 2018	M	10,000	A	—	Oct 28, 2020	Common Stock	10,000	0	D
Stock Option (right to buy)^F4	$17.81	Aug 6, 2018	M	10,000	A	—	Oct 22, 2021	Common Stock	10,000	10,000	D
Stock Option (right to buy)^F5	$41.355	Aug 6, 2018	M	17,500	A	—	Oct 21, 2022	Common Stock	17,500	17,500	D
Stock Option (right to buy)^F6	$40.65	Aug 6, 2018	M	399	A	—	Oct 26, 2023	Common Stock	399	34,601	D
Stock Option (right to buy)^F6	$40.65	Aug 7, 2018	M	8,351	A	—	Oct 26, 2023	Common Stock	8,351	26,250	D

Explanation of responses

F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $61.65 to $62.65 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 1 to this Form 4.
F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $62.70 to $63.50 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 option representing a right to purchase 40,000 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
F4The option representing a right to purchase 40,000 shares became exercisable in four equal installments beginning October 22, 2015, which was the first anniversary of the date on which the option was granted.
F5The option representing a right to purchase 35,000 shares became exercisable in four equal installments beginning October 21, 2016, which was the first anniversary of the date on which the option was granted.
F6The option representing a right to purchase 35,000 shares became exercisable in four equal installments beginning October 26, 2017, which was the first anniversary of the date on which the option was granted.