LOWINGER JEFFREY B. 4
4 · CUBIC CORP /DE/ · Filed Dec 1, 2020
Insider Transaction Report
Form 4
LOWINGER JEFFREY B.
President, CTS - SVP, CORP
Transactions
- Award
Restricted Stock Units
2020-11-27+7,372→ 7,372 total→ Common Stock (7,372 underlying) - Award
Common Stock
2020-11-27+7,372→ 28,284 total
Footnotes (3)
- [F1]The Restricted Stock Units ("RSUs") vest in three equal annual installments on October 1, 2021, 2022, and 2023, subject to Reporting Person's continuous service through each applicable vesting date. Vested shares will be delivered to the Reporting Person following each vesting date.
- [F2]Each RSU represents a contingent right to receive one share of CUB common stock.
- [F3]The performance-based RSUs vest on the date the Board of Directors certifies CUB's sales growth, EBITDA growth, and Total Shareholder Return for the three-year performance period ending on September 30, 2023, subject to the Reporting Person's continued service with CUB through such vesting date.