Soeters Martinus Hermanus 4
4 · CUBIST PHARMACEUTICALS INC · Filed Jun 11, 2012
Insider Transaction Report
Form 4
Soeters Martinus Hermanus
Director
Transactions
- Award
Common Stock
2012-06-06+873→ 6,951 total - 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) - Award
Restricted Stock Units
2012-06-06+1,347→ 1,347 totalFrom: 2013-06-06→ Common Stock (0 underlying)
Footnotes (6)
- [F1]The Reporting Person elected to receive the entire amount of his/her annual retainer for service as a Director in common stock. The shares of common stock reported in the table represents the shares of common stock issued to the Reporting Person for the annual retainer that was payable to the Reporting Person as of the day prior to the Issuer's June 7, 2012 Annual Meeting of Stockholders
- [F2]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.
- [F3]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.
- [F4]Each restricted stock unit represents a contingent right to receive one share of Cubist common stock.
- [F5]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).
- [F6]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.