0001179110-16-025781.txt : 20160531
0001179110-16-025781.hdr.sgml : 20160531
20160531192747
ACCESSION NUMBER: 0001179110-16-025781
CONFORMED SUBMISSION TYPE: 3
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160524
FILED AS OF DATE: 20160531
DATE AS OF CHANGE: 20160531
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: CUBIC CORP /DE/
CENTRAL INDEX KEY: 0000026076
STANDARD INDUSTRIAL CLASSIFICATION: MEASURING & CONTROLLING DEVICES, NEC [3829]
IRS NUMBER: 951678055
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0930
BUSINESS ADDRESS:
STREET 1: 9333 BALBOA AVE
CITY: SAN DIEGO
STATE: CA
ZIP: 92123
BUSINESS PHONE: 858 623-0489
MAIL ADDRESS:
STREET 1: PO BOX 85587
CITY: SAN DIEGO
STATE: CA
ZIP: 92186-5587
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Twyman Michael R.
CENTRAL INDEX KEY: 0001675684
FILING VALUES:
FORM TYPE: 3
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-08931
FILM NUMBER: 161687587
MAIL ADDRESS:
STREET 1: PO BOX 85587
CITY: SAN DIEGO
STATE: CA
ZIP: 92186-5587
3
1
edgar.xml
FORM 3 -
X0206
3
2016-05-24
0
0000026076
CUBIC CORP /DE/
CUB
0001675684
Twyman Michael R.
9333 BALBOA AVENUE
SAN DIEGO
CA
92123
0
1
0
0
Senior Vice President
Common Stock
6311
D
Restricted Stock Unit
Common Stock
3898
D
Restricted Stock Units
Common Stcok
5198
D
Restricted Stock Units
Common Stock
5465
D
Restricted Stock Units
Common Stock
5465
D
Each restricted stock unit ("RSU") represents a contingent right to receive one share of CUB stock.
RSUs granted to the Reporting Person on November 6, 2014. The remaining 3,898 shares from such grant shall vest in 3 equal installments on October, 2016, 2017 and 2018, subject to the Reporting Person's continuous service through each applicable vesting date.
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, 2017, 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, 30% on EBITDA growth, and 30% 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.
RSUs granted to the Reporting Person on November 6, 2015. The shares from such grant shall vest in 4 equal installments on October 1, 2016, 2017, 2018 and 2019, subject to the Reporting Person's continuous service through each applicable vesting date.
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, 2018, 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.
Angela L. Hartley, Attorney-in-fact for Michael R. Twyman
2016-05-31