-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, IuxaTX+zY6VNBMjpr9qZzHGCw0YMeHUZs2lKH4LWl6j7TN7SLlY3Yi3wAAtpXLqm D1iwHtseUriZFNSfWZPcOQ== 0000912057-96-012657.txt : 19960620 0000912057-96-012657.hdr.sgml : 19960620 ACCESSION NUMBER: 0000912057-96-012657 CONFORMED SUBMISSION TYPE: PRES14A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19960723 FILED AS OF DATE: 19960619 SROS: AMEX FILER: COMPANY DATA: COMPANY CONFORMED NAME: CUBIC CORP /DE/ CENTRAL INDEX KEY: 0000026076 STANDARD INDUSTRIAL CLASSIFICATION: SEARCH, DETECTION, NAVIGATION, GUIDANCE, AERONAUTICAL SYS [3812] IRS NUMBER: 951678055 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: PRES14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-08931 FILM NUMBER: 96582860 BUSINESS ADDRESS: STREET 1: 9333 BALBOA AVE CITY: SAN DIEGO STATE: CA ZIP: 92123 BUSINESS PHONE: 6192776780 MAIL ADDRESS: STREET 1: PO BOX 85587 CITY: SAN DIEGO STATE: CA ZIP: 92186-5587 PRES14A 1 PRES14A SCHEDULE 14A INFORMATION PROXY STATEMENT PURSUANT TO SECTION 14(a) OF THE SECURITIES EXCHANGE ACT OF 1934 Filed by the Registrant /X/ Check the appropriate box: /X/ Preliminary Proxy Statement CUBIC CORPORATION ------------------------------------------------------------- (Name of Registrant as Specified In Its Charter) Payment of Filing Fee (Check the appropriate box): /X/ $125 per Exchange Act Rules 0-11(c)(1)(ii), 14a-6(i)(1), or 14a-6(i)(2) or Item 22(a)(2) of Schedule 14A. CUBIC-REGISTERED TRADEMARK- CORPORATION ---------------- PRINCIPAL EXECUTIVE OFFICE 9333 BALBOA AVENUE SAN DIEGO, CALIFORNIA 92123 ------------------------ To Cubic Shareholders: A special meeting of the Shareholders of Cubic Corporation will be held at the offices of the Company at 9333 Balboa Avenue, San Diego, California 92123, on July 23, 1996, at 10:00 a.m. Pacific Daylight Saving Time. The formal notice and proxy statement follow. The Directors and Officers of the Corporation invite your attendance at the meeting. Whether or not you plan to attend the meeting, however, we would appreciate your completing and returning the accompanying proxy which, of course, may be revoked at any time before it is used. Sincerely yours, Walter J. Zable CHAIRMAN OF THE BOARD June 28, 1996 TO ENSURE YOUR REPRESENTATION AT THE MEETING, PLEASE DATE, SIGN AND MAIL PROMPTLY THE ENCLOSED PROXY, FOR WHICH A RETURN ENVELOPE IS PROVIDED. CUBIC-REGISTERED TRADEMARK- CORPORATION ---------------- NOTICE OF SPECIAL MEETING --------------------- A special meeting of shareholders of Cubic Corporation will be held in the Main Conference Room in Building 10 at the Headquarters of the Company, 9333 Balboa Avenue, San Diego, California 92123, on July 23, 1996, at 10:00 a.m. Pacific Standard Time, for the following purpose: 1. To approve the amendment to Article 4 of the Company's Certificate of Incorporation to divide each two shares of the Company's Common stock, without par value, into three Common shares, without par value, which constitutes a three-for-two split of all shares of Common Stock authorized by the Company's Certificate of Incorporation. Shareholders of record at the close of business on June 24, 1996 will be entitled to vote at the meeting. The transfer books will not be closed. By Order of the Board of Directors William C. Stewart, Jr. SECRETARY San Diego, California June 28, 1996 CUBIC-REGISTERED TRADEMARK- CORPORATION ---------------- PRINCIPAL EXECUTIVE OFFICE 9333 BALBOA AVENUE SAN DIEGO, CALIFORNIA 92123 ------------------------ PROXY STATEMENT Proxies in the form enclosed with this statement are solicited by the Board of Directors of Cubic Corporation for use at the Special Meeting of shareholders of the Corporation to be held in San Diego, California, on July 23, 1996. Execution of a proxy will not in any way affect a shareholder's right to attend the meeting and vote in person, and any shareholder giving a proxy has the right to revoke it at any time before it is exercised by filing with the Secretary of the Corporation a written revocation or duly executed proxy bearing a later date. The Proxy will be suspended if the shareholder is present at the meeting and elects to vote in person. OUTSTANDING SHARES AND VOTING RIGHTS The voting securities of the Corporation consist of its Common Stock, without Par Value, of which 5,987,380 shares are outstanding at June 17, 1996 (after deducting 1,938,234 shares held as Treasury Shares). Only shareholders of Record on the books of the Corporation at the close of business on June 24, 1996 will be entitled to vote at the meeting. Each such holder of Common shares is entitled to one vote for each said share. Votes will be counted by the Inspector of Elections. Abstentions, broker-nonvoters and proxies without authority to vote will not be counted in votes cast. The approximate date on which the proxy statement and form of proxy are first being sent or given to security holders is June 28, 1996. AMENDMENT OF CERTIFICATE OF INCORPORATION The Board of Directors of the Company has approved, subject to the stockholder approval solicited hereby, a proposal to amend the Certificate of Incorporation to effect a three-for-two stock split of the issued and outstanding shares of the Company's Common stock. The purpose of the stock split is to increase the number of shares on the market available for trading and to further enable additional investors to acquire shares of the Common stock by reducing the market price of the stock. A copy of the proposed amendment to the Certificate of Incorporation is attached hereto as Appendix A. In order to accomplish a split up of the Common shares of the Corporation, it is necessary to amend the Certificate of Incorporation of the Corporation to divide the shares. Such an amendment requires the majority vote of the shareholders. The effect of this stock split is to change each presently issued and outstanding two (2) shares of Common stock, no par value, into three (3) shares of Common stock, no par value, at the close of business on the date the amendment becomes effective, that is, the date the Certificate of Amendment (the "Amendment") is filed in the Office of the Secretary of State of the State of Delaware (the "Effective Date"). Thereafter, each shareholder of Record at the close of business on the Effective Date shall be entitled to receive additional share certificates representing one (1) additional share of Common stock, no par value, for each two (2) outstanding shares of Common stock held. If the proposal to so amend the Certificate of Incorporation is approved by a majority of the shareholders at the time of the meeting, it is anticipated that the additional certificates will be mailed approximately ten days thereafter. The Corporation has applied for listing of the securities to be issued on the American Stock Exchange. No fractional shares will be issued to shareholders in connection with the split up, but in lieu thereof, at the same time as the additional shares are mailed, cash will be distributed to each shareholder who would otherwise have been entitled to receipt of a fractional share. The amount of cash to be distributed shall be based upon the closing stock price on the American Stock Exchange, after adjustment for the effect of the stock split, of the Corporation's Common stock, no par value, on the Effective Date. The stock split, if approved by the shareholders, will not result in the increase or decrease in the aggregate amount of the capital account or the surplus accounts of the Corporation. THE BOARD OF DIRECTORS RECOMMENDS APPROVAL OF THE AMENDMENT TO THE CERTIFICATE OF INCORPORATION. AN AFFIRMATIVE VOTE OF AT LEAST A MAJORITY OF THE OUTSTANDING SHARES IS NECESSARY FOR APPROVAL. OTHER MATTERS The expense of preparing, printing and mailing the Notice of Meeting and Proxy material and all other expenses of soliciting proxies will be borne by the Corporation. In addition to the solicitation of proxies by use of the mails, the Directors, Officers and regular employees of the Corporation, who will receive no compensation in addition to their regular salary, if any, may solicit proxies by mail, telegraph, telephone, or personal interview. The Corporation may also reimburse brokerage firms, banks, trustees, nominees and other persons for their expenses in forwarding proxy material to the beneficial owners of shares held by them of record. Management knows of no business which will be presented for consideration at the Special Meeting other than that stated in the Notice of meeting. However, if any such matter shall properly come before the meeting, the persons named in the enclosed proxy form will vote the same in accordance with their best judgment. By Order of the Board of Directors William C. Stewart, Jr. SECRETARY 2 APPENDIX A RESOLUTION TO AMEND ARTICLE 4 OF THE CERTIFICATE OF INCORPORATION OF CUBIC CORPORATION BE IT RESOLVED, that, subject to the requisite approval of the stockholders, the Certificate of Incorporation of this Corporation is amended to read: "4. The total number of shares of stock which the corporation shall have authority to issue is 15,000,000 shares which shall be Common Stock without par value. On the effective date of this amendment, each two shares of the Common Stock, without par value, outstanding before the amendment, is divided into three Common Shares, CUBIC CORPORATION PROXY SOLICITED ON BEHALF SPECIAL MEETING OF SHAREHOLDERS OF THE BOARD OF DIRECTORS The undersigned, a shareholder of Cubic Corporation, a Delaware corporation, hereby appoints Walter J. Zable, William W. Boyle and William C. Stewart, Jr., or any of them, the attorneys and proxies of the undersigned, with power of substitution, to vote the common shares of Cubic Corporation standing in the name of the undersigned at the Special Meeting of Shareholders of Cubic Corporation to be held in the Main Conference Room, at the Headquarters of the Company, at 9333 Balboa Avenue, San Diego, California 92123, on Tuesday, July 23, 1996, at 10:00 a.m. PST, and at any adjournment or adjournments thereof, as follows: THIS PROXY WILL BE VOTED IN ACCORDANCE WITH INSTRUCTIONS INDICATED. HOWEVER, IF NO INSTRUCTIONS ARE GIVEN, THE PROXIES WILL VOTE THE SHARES FOR ITEM (1) AND, IN THEIR DISCRETION, ON MATTERS DESCRIBED IN ITEM (2). PLEASE MARK, SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED ENVELOPE. (Continued, and to be signed, on the other side) PLEASE MARK VOTE IN OVAL IN THE FOLLOWING MANNER USING DARK INK ONLY. FOR [ ] AGAINST [ ] ABSTAIN [ ] 1. Amendment of Certificate of Incorporation to divide each two shares of the Common stock, no par value, into three shares of Common stock, no par value The undersigned hereby acknowledges receipt of the Notice of Annual Meeting of Shareholders and Proxy Statement dated June 28, 1996. Dated: _______________________________, 1996 Signature___________________________________ Signature if held jointly___________________ Please sign exactly as name (or names) appear on this card. When shares are held by joint tenants, all holders should sign. When signing as attorney, executor, administrator, trustee or guardian, please give full title as such.
-----END PRIVACY-ENHANCED MESSAGE-----