Filing Details

Accession Number:
0001127602-14-017670
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-05-15 14:43:48
Reporting Period:
2014-05-14
Filing Date:
2014-05-15
Accepted Time:
2014-05-15 14:43:48
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
Evp & 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 2014-05-14 2,500 $0.00 28,813 No 4 M Direct
Common Stock Disposition 2014-05-15 1,215 $67.50 27,598 No 4 S Direct
Common Stock Acquisiton 2014-05-15 15,125 $16.76 42,723 No 4 M Direct
Common Stock Disposition 2014-05-15 8,900 $67.45 33,823 No 4 S Direct
Common Stock Disposition 2014-05-15 6,225 $68.42 27,598 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S 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 Disposition 2014-05-14 2,500 $0.00 2,500 $0.00
Common Stock Stock Options (Right to Buy) Disposition 2014-05-15 15,125 $0.00 15,125 $16.76
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2014-05-14 No 4 M Direct
1,000 2009-08-15 2019-05-15 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 2,744 Indirect 401(k) Plan
Footnotes
  1. Sold pursuant to a 10(b)5-1 Plan
  2. Shares were sold to cover tax withholding obligations incurred in connection with the vesting of Restricted Stock Units.
  3. This transaction was executed in multiple trades at prices ranging from $67.1700 to $68.0200. 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.
  4. This transaction was executed in multiple trades at prices ranging from $68.1850 to $68.7600. 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.
  5. Each restricted stock unit represents a contingent right to receive one share of Cubist common stock for no consideration.
  6. 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.
  7. Option vests 6.25% quarterly over a four-year period.