4//SEC Filing
CUBIC CORP /DE/ 4
Accession 0001179110-16-032245
CIK 0000026076operating
Filed
Nov 29, 7:00 PM ET
Accepted
Nov 30, 6:43 PM ET
Size
8.6 KB
Accession
0001179110-16-032245
Insider Transaction Report
Form 4
Buss David H.
Senior Vice President
Transactions
- Award
Restricted Stock Unit
2016-11-28+5,429→ 5,429 total→ Common Stock (5,429 underlying) - Award
Restricted Stock Units
2016-11-28+5,429→ 5,429 total→ Common Stock (5,429 underlying)
Footnotes (3)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of CUB common stock.
- [F2]The performance-based RSUs vest on the date the Board of Directors certifies CUB's sales growth, EBITDA growth, and return on equity for the three-year performance period ending on September 30, 2019, subject to the Reporting Person's continued service with CUB through such vesting date, except as otherwise provided in the application RSU agreement. The RSUs vest based 40% on sales growth, 40% on EBITDA growth, and 20% on the return on equity achieved by CUB during such performance period. Dividend equivalent rights accrue with respect to the RSUs when and as dividends are paid on CUB common stock and vest proportionately with the RSUs to which they relate. Vested shares and accrued dividends will be delivered to the Reporting Person following the vesting date.
- [F3]The time-based RSUs vest in four equal installments on each of October 1, 2017, 2018, 2019 and 2020, subject to the Reporting Person's continued service with CUB through such date. Dividend equivalent rights accrued with respect to the RSUs when and as dividends are paid on CUB common stock and vest proportionately with the RSUs to which they relate. Vested shares and accrued dividends will be delivered to the Reporting Person following each vesting date.
Documents
Issuer
CUBIC CORP /DE/
CIK 0000026076
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000026076
Filing Metadata
- Form type
- 4
- Filed
- Nov 29, 7:00 PM ET
- Accepted
- Nov 30, 6:43 PM ET
- Size
- 8.6 KB