Lee Grace G. 4
4 · CUBIC CORP /DE/ · Filed May 25, 2021
Insider Transaction Report
Form 4
Lee Grace G.
SVP, Chief of HR and Diversity
Transactions
- Disposition to Issuer
Common Stock
2021-05-25$75.00/sh−21,948$1,646,100→ 0 total - Disposition to Issuer
Performance Restricted Stock Units
2021-05-25−3,898→ 0 total→ Common Stock (3,898 underlying) - Disposition to Issuer
Performance Restricted Stock Units
2021-05-25−5,878→ 0 total→ Common Stock (5,878 underlying) - Disposition to Issuer
Performance Restricted Stock Units
2021-05-25−6,785→ 0 total→ Common Stock (6,785 underlying)
Footnotes (2)
- [F1]Disposed of as a result of a merger pursuant to the previously announced Agreement and Plan of Merger, dated as of February 7, 2021 (as amended, the "Merger Agreement"), by and among the Issuer, Atlas CC Acquisition Corp. and Atlas Merger Sub Inc.
- [F2]Each performance restricted stock unit ("PRSU") was cancelled pursuant to the Merger Agreement in exchange for the right to receive the cash consideration provided in the Merger Agreement (i.e., an amount equal to the product of (i) the number of PRSUs, based on the target number or the actual level earned, as applicable, multiplied by (ii) $75.00 per PRSU, less any required tax withholding).