Filing Details

Accession Number:
0001127602-13-006943
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-02-20 11:47:39
Reporting Period:
2013-02-15
Filing Date:
2013-02-20
Accepted Time:
2013-02-20 11:47:39
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
1263230 J Robert Perez 65 Hayden Avenue
Lexington MA 02421
President & Coo 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 2013-02-16 5,000 $0.00 32,208 No 4 M Direct
Common Stock Disposition 2013-02-19 2,177 $41.40 30,031 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 Performance Restricted Stock Units Acquisiton 2013-02-15 10,216 $0.00 10,216 $0.00
Common Stock Stock Options (Right to Buy) Acquisiton 2013-02-15 62,575 $0.00 62,575 $41.60
Common Stock Restricted Stock Units Acquisiton 2013-02-15 10,216 $0.00 10,216 $0.00
Common Stock Restricted Stock Units Disposition 2013-02-16 5,000 $0.00 5,000 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
10,216 2016-02-15 No 4 A Direct
62,575 2013-05-15 2023-02-15 No 4 A Direct
10,216 2014-02-15 No 4 A Direct
15,000 2013-02-16 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 4,892 Indirect 401(k) Plan
Footnotes
  1. Shares were sold to cover tax withholding obligations incurred in connection with the vesting of Restricted Stock Units.
  2. This transaction was executed in multiple trades at prices ranging from $41.4000 to $41.4050. 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.
  3. Each restricted stock unit represents a contingent right to receive one share of Cubist common stock for no consideration.
  4. Shares are earned based on the achievement of certain performance conditions, which are set forth in the applicable performance unit agreement. Any earned shares are delivered to the reporting person on the third anniversary of the grant date. The restricted stock units do not expire.
  5. Option vests 6.25% quarterly over a four-year period.
  6. Each restricted stock unit represents a contingent right to receive one share of Cubist common stock for no consideration.
  7. 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.