4//SEC Filing
Tanner Gregory L 4
Accession 0001179110-17-015331
CIK 0000026076other
Filed
Dec 12, 7:00 PM ET
Accepted
Dec 13, 6:02 PM ET
Size
8.4 KB
Accession
0001179110-17-015331
Insider Transaction Report
Form 4
Tanner Gregory L
Treasurer
Transactions
- Award
Restricted Stock Units
2017-11-27+611→ 611 total→ Common Stock (611 underlying) - Award
Restricted Stock Units
2017-11-27+611→ 611 total→ Common Stock (611 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, 2020, subject to the Reporting Person's continued service with CUB through such vesting date, except as otherwise provided in the applicable 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, 2018, 2019, 2020 and 2021, subject to the Reporting Person's continued service with CUB through such date. 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 each vesting date.
Documents
Issuer
CUBIC CORP /DE/
CIK 0000026076
Entity typeother
Related Parties
1- filerCIK 0001420477
Filing Metadata
- Form type
- 4
- Filed
- Dec 12, 7:00 PM ET
- Accepted
- Dec 13, 6:02 PM ET
- Size
- 8.4 KB