SEC Form 4 · accession 0001104659-17-021353

CMTSU Liquidation, Inc. · CBRI

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

Reporting owner

Officer — President and CEO · Director

Period of report

Mar 31, 2017

Accepted (ET)

Apr 4, 2017 · 4:07 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	Mar 31, 2017	M	67,061	$0.00	A	765,912	D
Common Stock, $.01 par value	Mar 31, 2017	F	17,737	$0.40	D	748,175	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Unit^F3,F4,F5	—	Mar 31, 2017	M	67,061	D	Mar 31, 2017	—	Common Stock, $.01 par value	67,061	2,593,969	D

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.
F4The inducement grant of 804,721 RSUs and 815,217 NQ Stock Options (the "Inducement Grant"), was made to Mr. Boustridge in agreement with his appointment as President & CEO. The RSUs will vest quarterly, beginning with an initial installment that will vest on the date of grant, a second installment that will vest at the end of the first month and continue for a period of 30 months. The Options will vest monthly beginning with an initial installment that will vest on the date of grant, monthly vesting will continue at the end of the first month and continue for a period of 46 months.
F5RSU converts to common stock over 30 month life (per vesting schedule).