Rosenberg Martin 4
4 · CUBIST PHARMACEUTICALS INC · Filed Jun 11, 2012
Insider Transaction Report
Form 4
Rosenberg Martin
Director
Transactions
- Award
Restricted Stock Units
2012-06-06+1,347→ 1,347 totalFrom: 2013-06-06→ Common Stock (0 underlying) - Award
Stock Options (Right to Buy)
2012-06-06+9,367→ 9,367 totalExercise: $41.20From: 2013-06-06Exp: 2022-06-06→ Common Stock (0 underlying)
Footnotes (5)
- [F1]The number of stock options represents the fair value of $129,500 calculated using the Black-Scholes option pricing model in accordance with SFAS 123(R), rounded down to the nearest whole share.
- [F2]Options vest 100% on the earlier of the first anniversary of the grant date or the date of the Company's 2013 Annual Meeting of Stockholders.
- [F3]Each restricted stock unit represents a contingent right to receive one share of Cubist common stock.
- [F4]The number of restricted stock units is equal to the fair value of $55,500, calculated using the Black-Scholes option pricing model in accordance with SFAS 123(R).
- [F5]The restricted stock units vest 100% on the earlier of the first anniversary of the grant date or the date of the Company's 2013 Annual Meeting of Stockholders.