Laugerud Terje 4
4 · CIBER INC · Filed Jul 5, 2011
Insider Transaction Report
Form 4
CIBER INCCBR
Laugerud Terje
CEO-Europe
Transactions
- Exercise/Conversion
Common Stock, $.01 par value
2011-07-01+5,455→ 62,801 total - Exercise/Conversion
Restricted Stock Unit
2011-07-01−5,455→ 227,335 totalFrom: 2011-07-01→ Common Stock, $.01 par value (5,455 underlying)
Footnotes (4)
- [F1]Represents shares acquired upon release of restricted stock units.
- [F2]Each Restricted Stock Unit represents a contingent right to receive one share of CIBER, Inc. common stock.
- [F3]The Restricted Stock Units vest in equal quarterly installments following an initial 6 month cliff.
- [F4]RSU converts to common stock over 3 year life (per vesting schedule)