4//SEC Filing
CIBER INC 4
Accession 0001104659-17-021353
CIK 0000918581operating
Filed
Apr 3, 8:00 PM ET
Accepted
Apr 4, 4:07 PM ET
Size
9.4 KB
Accession
0001104659-17-021353
Insider Transaction Report
Form 4
CIBER INCCBR
BOUSTRIDGE MICHAEL
Director
Transactions
- Exercise/Conversion
Restricted Stock Unit
2017-03-31−67,061→ 2,593,969 totalFrom: 2017-03-31→ Common Stock, $.01 par value (67,061 underlying) - Exercise/Conversion
Common Stock, $.01 par value
2017-03-31+67,061→ 765,912 total - Tax Payment
Common Stock, $.01 par value
2017-03-31$0.40/sh−17,737$7,095→ 748,175 total
Footnotes (5)
- [F1]Represents shares acquired upon release of restricted stock units.
- [F2]Represents shares withheld from the released restricted stock units for the payment of applicable income and payroll withholding taxes due on release.
- [F3]Each Restricted Stock Unit represents a contingent right to receive one share of CIBER, Inc. common stock.
- [F4]The 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.
- [F5]RSU converts to common stock over 30 month life (per vesting schedule).
Documents
Issuer
CIBER INC
CIK 0000918581
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000918581
Filing Metadata
- Form type
- 4
- Filed
- Apr 3, 8:00 PM ET
- Accepted
- Apr 4, 4:07 PM ET
- Size
- 9.4 KB