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If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
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Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) |
All Restricted Covered Appreciation Rights entitle the holder to earn cash payments equal to the sum of: (1) the number of Covered Company Shares (per Vesting Date) multiplied by the difference between the trading price of one share of common stock ("Stock") of Cabot Microelectronics Corporation (the "Company") and the applicable conversion price. The original vesting schedule for these Covered Company Shares is 25% quarterly per year beginning on the first anniversary of grant date 12/3/14. As soon as reasonably practicable following the applicable Vesting Date, the holder shall receive a cash payment equal to the sum of: (a) the number of vested Covered Company Shares multiplied by (b) the difference (if any) between (i) the closing price of one share of the Company's Stock as reflected on the National Association of Securities Dealers Automated Quotations ("NASDAQ") national stock exchange on the applicable Vesting Date (or if the NASDAQ national stock exchange is closed on the applicable Vesting Date, the first subsequent trading day), and (ii) the applicable conversion price.
The reporting person is filing this report on Form 3 for disclosure purposes only. |
(2) |
All Restricted Covered Units entitle the holder to earn cash payments equal to the number of Restricted Covered Units (per Vesting Date) multiplied by the trading price of one share of Stock of the Company. The original vesting schedule for these Restricted Covered Units is 25% quarterly per year beginning on the first anniversary of grant date 12/3/14. As soon as reasonably practicable following the applicable Vesting Date, the holder shall receive a cash payment equal to the number of vested Restricted Covered Units multiplied by the closing price of one share of the Company's Stock as reflected on the NASDAQ on the applicable Vesting Date (or if the NASDAQ national stock exchange is closed on the applicable Vesting Date, the first subsequent trading day).
The reporting person is filing this report on Form 3 for disclosure purposes only. |
(3) |
The original vesting schedule for these Covered Company Shares is 25% quarterly per year beginning on the first anniversary of grant date 12/3/13. |
(4) |
The original vesting schedule for these Restricted Covered Units is 25% quarterly per year beginning on the first anniversary of grant date 12/3/13. |
(5) |
The original vesting schedule for these Covered Company Shares is 25% quarterly per year beginning on the first anniversary of grant date 12/3/12. |
(6) |
The original vesting schedule for these Restricted Covered Units is 25% quarterly per year beginning on the first anniversary of grant date 12/3/12. |
(7) |
The original vesting schedule for these Covered Company Shares is 25% quarterly per year beginning on the first anniversary of grant date 12/1/11. |
(8) |
The original vesting schedule for these Restricted Covered Units is 25% quarterly per year beginning on the first anniversary of grant date 12/1/11. |