Rhys V Williams - 25 May 2021 Form 4 Insider Report for CUBIC CORP /DE/

Role
VP, Treasurer
Signature
Hilary L. Hageman, Attorney-in-fact for Rhys V. Williams
Issuer symbol
N/A
Transactions as of
25 May 2021
Net transactions value
-$348,825
Form type
4
Filing time
25 May 2021, 17:25:05 UTC
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CUB Common Stock Disposed to Issuer $348,825 -4,651 -100% $75.00 0 25 May 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CUB Performance Restricted Stock Units Disposed to Issuer -702 -100% 0 25 May 2021 Common Stock 702 Direct F1, F2
transaction CUB Performance Restricted Stock Units Disposed to Issuer -924 -100% 0 25 May 2021 Common Stock 924 Direct F1, F2
transaction CUB Performance Restricted Stock Units Disposed to Issuer -1,528 -100% 0 25 May 2021 Common Stock 1,528 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Rhys V Williams is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
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).