SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL OMB Number: 3235-0104 Estimated average burden hours per response: 0.5

1. Name and Address of Reporting Person* EANSOR N DAVID (Last) (First) (Middle) ONE MEADOWLANDS PLAZA (Street) EAST RUTHERFORD NJ 07073 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 11/19/2003	3. Issuer Name and Ticker or Trading Symbol CAMBREX CORP [ CBM ]
		4. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner Officer (give title below) X Other (specify below) President, BioProductsBus Unit	5. If Amendment, Date of Original Filed (Month/Day/Year)
			6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	10,500	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (Right to Buy)	(1)	10/26/2010	Common Stock	50,000	$34.75	D
Stock Option (Right to Buy)	(2)	07/25/2012	Common Stock	10,000	$37.07	D
Stock Option (Right to Buy)	(3)	04/24/2010	Common Stock	12,500	$18.675	D
Stock Option (Right to Buy)	(4)	05/22/2010	Common Stock	10,000	$19.425	D

Explanation of Responses:

1. Grant to reporting person of option to purchase 50,000 shares of common stock under the 1998 Performance Stock Option Plan in transaction exempt under old Rule 16b exercisable in increments when the stock price reaches a certain price.

2. Grant to reporting person of option to purchase 10,000 shares of common stock under the 2001 Performance Stock Option Plan in transaction exempt under old Rule 16b exercisable in increments when the stock price reaches a certain price.

3. Grant to reporting person of option to purchase 12,500 shares of common stock under the 2003 Performance Stock Option Plan in transaction exempt under old Rule 16b, one-quarter to become exercisable in whole or in part one year from the date of grant, with a further one quarter exercisable in whole or in part on each of the next three anniversaries of such grant date.

4. Grant to reporting person of option to purchase 10,000 shares of common stock under the 2003 Performance Stock Option Plan in transaction exempt under old Rule 16b, one-quarter to become exercisable in whole or in part one year from the date of grant, with a further one-quarter exercisable in whole or in part on each of the next three anniversaries of such grant date.

Remarks:

	Linda Kinailuk for N. David Eansor	11/25/2003
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.