GOLDFARB ERIC D 4
4 · CIBER INC · Filed Mar 29, 2011
Insider Transaction Report
Form 4
CIBER INCCBR
Transactions
- Award
Restricted Stock Unit
2011-03-28+100,000→ 100,000 totalFrom: 2011-09-28→ Common Stock, $.01 par value (100,000 underlying) - Award
Non-Qualified Stock Option (right to buy)
2011-03-28$6.57/sh+300,000$1,971,000→ 300,000 totalExercise: $6.57From: 2011-09-28Exp: 2018-03-28→ Common Stock, $.01 par value (300,000 underlying)
Footnotes (4)
- [F1]The inducement grant of 300,000 CIBER stock options (the "Inducement Grant"), was made to Mr. Goldfarb upon his appointment as CIO. The Inducement Grant shall vest monthly beginning six months from the date of grant.
- [F2]Each Restricted Stock Unit represents a contingent right to receive one share of CIBER, Inc. common stock.
- [F3]The inducement grant of 100,000 CIBER Restricted Stock Units (the "Inducement Grant"), was made to Mr. Goldfarb upon his appointment as CIO. The Inducement Grant shall vest quarterly beginning six months from the date of grant.
- [F4]RSU converts to common stock over 4 year life (per vesting schedule)