SEC Form 4 · accession 0000918581-16-000176
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
Apr 26, 2016
Accepted (ET)
Apr 28, 2016 · 4:44 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 | Apr 26, 2016 | M | 11,564 | $0.00 | A | 58,952 | D | |
| Common Stock, $.01 par value | Apr 26, 2016 | F | 3,594 | $2.31 | D | 55,358 | 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 UnitF3,F4,F5 | $0.00 | Apr 26, 2016 | M | 11,564 | D | Apr 26, 2016 | — | Common Stock, $.01 par value | 11,564 | 237,622 | 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.
- F3Each Restricted Stock Unit represents a contingent right to receive one share of CIBER, Inc. common stock.
- F4These RSUs vest quarterly beginning six months from the date of grant for a period of three years.
- F5RSU converts to common stock over 3 year life (per vesting schedule)