Laugerud Terje 4
4 · CIBER INC · Filed Mar 1, 2011
Insider Transaction Report
Form 4
CIBER INCCBR
Laugerud Terje
CEO-Europe
Transactions
- Award
Restricted Stock Unit
2011-02-28+13,986→ 248,169 totalFrom: 2011-02-28→ Common Stock, $.01 par value (13,986 underlying) - Exercise/Conversion
Restricted Stock Unit
2011-02-28−4,662→ 243,507 totalFrom: 2011-02-28→ Common Stock, $.01 par value (4,662 underlying) - Exercise/Conversion
Common Stock, $.01 par value
2011-02-28+4,662→ 70,629 total - Award
Non-Qualified Stock Option (right to buy)
2011-02-28$3.23/sh+41,958$135,524→ 41,958 totalExercise: $3.23From: 2011-02-28Exp: 2015-02-01→ Common Stock, $.01 par value (41,958 underlying)
Footnotes (6)
- [F1]Represents shares acquired upon release of restricted stock units.
- [F2]Perfomance based Stock Options granted 2-1-10. The performance measurement has now been met.
- [F3]The Stock Options vest in three equal annual installments on 2/28/11, 2/1/12 and 2/1/13.
- [F4]Each Restricted Stock Unit represents a contingent right to receive one share of CIBER, Inc. common stock.
- [F5]The Restricted Stock Units vest in three equal annual installments on 2/28/11, 2/1/12 and 2/1/13.
- [F6]RSU converts to common stock over 3 year life (per vesting schedule)