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