Filing Details
- Accession Number:
- 0001127602-10-014619
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2010-05-18 13:00:00
- Reporting Period:
- 2010-05-14
- Filing Date:
- 2010-05-18
- Accepted Time:
- 2010-05-18 13:26:29
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 912183 | Cubist Pharmaceuticals Inc | CBST | Pharmaceutical Preparations (2834) | 223192085 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1379970 | C Steven Gilman | 65 Hayden Avenue Lexington MA 02421 | Svp, Chief Scientific Officer | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2010-05-15 | 2,500 | $0.00 | 6,634 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2010-05-17 | 1,035 | $21.81 | 5,599 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Restricted Stock Units | Acquisiton | 2010-05-14 | 10,000 | $0.00 | 10,000 | $0.00 |
| Common Stock | Stock Options (Right to Buy) | Acquisiton | 2010-05-14 | 60,000 | $0.00 | 60,000 | $21.56 |
| Common Stock | Restricted Stock Units | Disposition | 2010-05-15 | 2,500 | $0.00 | 2,500 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 10,000 | 2011-05-14 | No | 4 | A | Direct | |
| 60,000 | 2010-08-14 | 2020-05-14 | No | 4 | A | Direct |
| 7,500 | 2010-05-15 | No | 4 | M | Direct |
Footnotes
- Represents the sale of a portion of the shares underlying the Restricted Stock Units that vested on May 15, 2010 in order to cover the reporting person's tax obligations that resulted from such vesting.
- This transaction was executed in multiple trades ranging from $21.80 to $21.83. The price reported in the table reflects the weighted average sale price. The reporting person undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- Each restricted stock unit represents a contingent right to receive one share of Cubist common stock.
- The restricted stock units vest 25% annually over a four-year period, with the first 25% vesting one year after the grant date. The restricted stock units do not expire.
- Option vests 6.25% quarterly over a four-year period.
Billionaire Hedge Funds
