SEC Form 4 · accession 0001227835-15-000001
CAMBREX CORP · CBM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory Sargen
Officer — Executive Vice President & CFO
Period of report
Nov 13, 2015
Accepted (ET)
Nov 16, 2015 · 8:55 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 | Nov 13, 2015 | M | 6,250 | $5.72 | A | 39,569 | D | |
| Common Stock | Nov 13, 2015 | M | 7,500 | $12.46 | A | 47,069 | D | |
| Common Stock | Nov 13, 2015 | M | 7,500 | $16.905 | A | 54,569 | D | |
| Common Stock | Nov 13, 2015 | M | 7,500 | $17.81 | A | 62,069 | D | |
| Common StockF1 | Nov 13, 2015 | S | 28,750 | $49.14 | 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)F2 | $5.72 | Nov 13, 2015 | M | 6,250 | A | — | Oct 18, 2018 | Common Stock | 6,250 | 0 | D |
| Stock Option (right to buy)F3 | $12.46 | Nov 13, 2015 | M | 7,500 | A | — | Oct 24, 2019 | Common Stock | 7,500 | 7,500 | D |
| Stock Option (right to buy)F4 | $16.905 | Nov 13, 2015 | M | 7,500 | A | — | Oct 28, 2020 | Common Stock | 7,500 | 15,000 | D |
| Stock Option (right to buy)F5 | $17.81 | Nov 13, 2015 | M | 7,500 | A | — | Oct 22, 2021 | Common Stock | 7,500 | 22,500 | 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 $49.00 to $49.455 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 1 to this Form 4.
- F2The option representing a right to purchase 25,000 shares became exercisable in four equal installments beginning October 18, 2012, which was the first anniversary of the date on which the option was granted.
- F3The option representing a right to purchase 30,000 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.
- F4The option representing a right to purchase 30,000 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.
- F5The option representing a right to purchase 30,000 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.