SEC Form 4 · accession 0000918581-15-000087
CMTSU Liquidation, Inc. · CBRI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Sean Radcliffe
Officer — General Counsel/SVP
Period of report
Sep 5, 2015
Accepted (ET)
Sep 8, 2015 · 4:43 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000918581
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, $.01 par value | Sep 5, 2015 | M | 3,637 | $0.00 | A | 26,701 | D | |
| Common Stock, $.01 par value | Sep 5, 2015 | F | 1,163 | $3.29 | D | 25,538 | D | |
| Common Stock, $.01 par valueF3 | Sep 8, 2015 | S | 9,000 | $3.328 | D | 16,538 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF4,F5,F6 | $0.00 | Sep 5, 2015 | M | 3,637 | D | Sep 5, 2015 | — | Common Stock, $.01 par value | 3,637 | 295,956 | D |
Explanation of responses
- F1Represents shares acquired upon release of restricted stock units.
- F2Represents shares withheld from the released restricted stock units for the payment of applicable income and payroll withholding taxes due on release.
- F3The price is a weighted average price. The prices actually received ranged from $3.27 to $3.38. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
- F4Each Restricted Stock Unit represents a contingent right to receive one share of CIBER, Inc. common stock.
- F5These RSUs vest quarterly beginning six months from the date of grant for a period of three years.
- F6RSU converts to common stock over 3 year life (per vesting schedule)