0001127602-12-032731.txt : 20121204
0001127602-12-032731.hdr.sgml : 20121204
20121204154742
ACCESSION NUMBER: 0001127602-12-032731
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20121203
FILED AS OF DATE: 20121204
DATE AS OF CHANGE: 20121204
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Damashek Yumiko
CENTRAL INDEX KEY: 0001436878
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-30205
FILM NUMBER: 121240607
MAIL ADDRESS:
STREET 1: 870 N COMMONS DR
CITY: AURORA
STATE: IL
ZIP: 60504
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: CABOT MICROELECTRONICS CORP
CENTRAL INDEX KEY: 0001102934
STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674]
IRS NUMBER: 364324765
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0930
BUSINESS ADDRESS:
STREET 1: 870 NORTH COMMONS DRIVE
CITY: AURORA
STATE: IL
ZIP: 60504
BUSINESS PHONE: 6303755461
MAIL ADDRESS:
STREET 1: 870 N COMMONS DR
CITY: AURORA
STATE: IL
ZIP: 60504
4
1
form4.xml
PRIMARY DOCUMENT
X0306
4
2012-12-03
0001102934
CABOT MICROELECTRONICS CORP
CCMP
0001436878
Damashek Yumiko
C/O CABOT MICROELECTRONICS CORPORATION
870 COMMONS DRIVE
AURORA
IL
60504
1
VP, Japan and Operations Asia
Common Stock
2012-12-03
4
A
0
4200
0
A
26692.209
D
Stock Options (Right to Buy)
32.64
2012-12-03
4
A
0
12600
0
A
2013-12-03
2022-12-03
Common Stock
12600
12600
D
Stock Options (Right to Buy)
20.00
2006-11-07
2015-11-07
Common Stock
7253
7253
D
Stock Options (Right to Buy)
21.77
2007-12-01
2016-12-01
Common Stock
4714
4714
D
Stock Options (Right to Buy)
25.79
2008-11-30
2017-11-30
Common Stock
4206
4206
D
Stock Options (Right to Buy)
16.00
2009-12-01
2018-12-01
Common Stock
22485
22485
D
Stock Options (Right to Buy)
21.45
2010-12-01
2019-12-01
Common Stock
23065
23065
D
Stock Options (Right to Buy)
28.62
2011-12-01
2020-12-01
Common Stock
21107
21107
D
Stock Options (Right to Buy)
27.94
2012-12-01
2021-12-01
Common Stock
18278
18278
D
2012 (FY13) Restricted Stock Unit Award Vesting Schedule: 25% 12/03/2013, 25% 12/03/2014, 25% 12/03/2015, 25% 12/03/2016.
2012 (FY13) Non-Qualified Stock Option Grant Vesting Schedule: 25% 12/03/2013, 25% 12/03/2014, 25% 12/03/2015, 25% 12/03/2016.
Vesting Schedule: 25% 11/7/2006, 25% 11/7/2007, 25% 11/7/2008, 25% 11/7/2009
As a result of a leveraged recapitalization of the Company via a special cash dividend (the "Dividend") of $15.00 per share declared on February 13, 2012 with a record date of February 23, 2012, a payable date of March 1, 2012 and an ex-dividend date of March 2, 2012, the option award was proportionally adjusted on March 2, 2012 to preserve its value in connection with the Dividend, as required by Section 8.6 of the Second Amended and Restated Cabot Microelectronics Corporation Equity Incentive Plan (EIP) and approved by the Compensation Committee of the Board of Directors of the Company. The number of stock options subject to each outstanding award was increased proportionately to preserve its value as a result of the Dividend. The number of stock options was increased by a factor of 1.45068 rounded down to the nearest whole option, which is a ratio of the Official Nasdaq Closing Price of $51.92 on March 1, 2012, the day immediately before the ex-dividend date, to the Official Nasdaq Opening Price of $35.79 on March 2, 2012, the ex-dividend date. The mandatory adjustments in connection with the Dividend were exempt from Section 16(b).
Required by Section 8.6 of the EIP and approved by the Compensation Committee of the Board of Directors of the Company, the exercise price of the option was proportionally adjusted on March 2, 2012 to preserve its value as a result of the leveraged recapitalization via the Dividend. The exercise price of each outstanding stock option was decreased by a factor of 0.68933 rounded up to the nearest whole cent, which is a ratio of the Official Nasdaq Opening Price of $35.79 on March 2, 2012, the ex-dividend date, to the Official Nasdaq Closing Price of $51.92 on March 1, 2012, the day immediately before the ex-dividend date. The mandatory adjustments in connection with the Dividend were exempt from Section 16(b).
This option pursuant to the EIP, was previously reported by the reporting person as an option for 20,000 shares of common stock at an exercise price of $29.
This option pursuant to the EIP, was previously reported by the reporting person as an option for 3,250 shares of common stock at an exercise price of $31.57.
Vesting Schedule:
25% 12/1/07
25% 12/1/08
25% 12/1/09
25% 12/1/10
This option pursuant to the EIP, was previously reported by the reporting person as an option for 2,900 shares of common stock at an exercise price of $37.40.
Vesting Schedule:
25% 11/30/08
25% 11/30/09
25% 11/30/10
25% 11/30/11
This option pursuant to the EIP, was previously reported by the reporting person as an option for 15,500 shares of common stock at an exercise price of $23.21.
2008 Stock Option Grant Award Vesting Schedule: 25% 12/1/2009, 25% 12/1/2010, 25% 12/1/2011, 25% 12/1/2012
This option pursuant to the EIP, was previously reported by the reporting person as an option for 15,900 shares of common stock at an exercise price of $31.11.
2009 (FY10) Non-Qualified Stock Option Grant Vesting Schedule: 25% 12/1/2010, 25% 12/1/2011, 25% 12/1/2012, 25% 12/1/2013
This option pursuant to the EIP, was previously reported by the reporting person as an option for 14,550 shares of common stock at an exercise price of $41.51.
2010 (FY11) Non-Qualified Stock Option Grant Vesting Schedule: 25% 12/1/2011, 25% 12/1/2012, 25% 12/1/2013, 25% 12/1/2014.
This option pursuant to the EIP, was previously reported by the reporting person as an option for 12,600 shares of common stock at an exercise price of $40.52.
2011 (FY12) Non-Qualified Stock Option Grant Vesting Schedule: 25% 12/1/2012, 25% 12/1/2013, 25% 12/1/2014, 25% 12/1/2015.
/s/ H. Carol Bernstein (Power of Attorney)
2012-12-04