SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
RUSSOLO PAOLO
(Last) (First) (Middle)
ONE MEADOWLANDS PLAZA
(Street)
EAST RUTHERFORD NJ 07073
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
CAMBREX CORP [ CBM ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
Officer (give title below) X Other (specify below)
President, Cambrex Profarmaco
3. Date of Earliest Transaction (Month/Day/Year)
05/23/2013
4. 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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 05/23/2013 M 28,000 A $4.395 95,085 D
Common Stock 05/23/2013 S 200 D $12.6 94,885 D
Common Stock 05/23/2013 S 500 D $12.58 94,385 D
Common Stock 05/23/2013 S 100 D $12.565 94,285 D
Common Stock 05/23/2013 S 492 D $12.56 93,793 D
Common Stock 05/23/2013 S 400 D $12.5401 93,393 D
Common Stock 05/23/2013 S 5,605 D $12.54 87,788 D
Common Stock 05/23/2013 S 500 D $12.5369 87,288 D
Common Stock 05/23/2013 S 23 D $12.535 87,265 D
Common Stock 05/23/2013 S 100 D $12.534 87,165 D
Common Stock 05/23/2013 S 2,003 D $12.53 85,162 D
Common Stock 05/23/2013 S 400 D $12.525 84,762 D
Common Stock 05/23/2013 S 1,277 D $12.52 83,485 D
Common Stock 05/23/2013 S 1,000 D $12.5199 82,485 D
Common Stock 05/23/2013 S 2,000 D $12.5101 80,485 D
Common Stock 05/23/2013 S 3,000 D $12.51 77,485 D
Common Stock 05/23/2013 S 1,600 D $12.5001 75,885 D
Common Stock 05/23/2013 S 8,800 D $12.5 67,085 D
Common Stock 05/24/2013 M 22,000 A $4.395 89,085 D
Common Stock 05/24/2013 S 1,392 D $12.6 87,693 D
Common Stock 05/24/2013 S 286 D $12.59 87,407 D
Common Stock 05/24/2013 S 508 D $12.58 86,899 D
Common Stock 05/24/2013 S 100 D $12.575 86,799 D
Common Stock 05/24/2013 S 100 D $12.57 86,699 D
Common Stock 05/24/2013 S 100 D $12.5605 86,599 D
Common Stock 05/24/2013 S 100 D $12.56 86,499 D
Common Stock 05/24/2013 S 1,800 D $12.5543 84,699 D
Common Stock 05/24/2013 S 42 D $12.5536 84,657 D
Common Stock 05/24/2013 S 375 D $12.55 84,282 D
Common Stock 05/24/2013 S 100 D $12.546 84,182(2) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy) $4.395 05/23/2013 M 28,000 (1) 10/27/2015 Common Stock 28,000 $0 22,000 D
Stock Option (Right to Buy) $4.395 05/24/2013 M 22,000 (1) 10/24/2015 Common Stock 22,000 $0 0 D
Explanation of Responses:
1. Exercisable in one-quarter increments on the anniversary date of the grant over four years.
2. 200 shares at $12.5455; 100 shares at $12.544; 158 shares at $12.5415; 100 shares at $12.541; 2,000 shares at $12.5401; 1,900 shares at $12.54; 500 shares at $12.5384; 20 shares at $12.5336; 100 shares at $12.531; 3,300 shares at $12.53; 100 shares at $12.5236; 1,694 shares at $12.52; 1,145 at $12.5101; 1,094 shares at $12.51; 4,500 shares at $12.50; 186 shares at $12.48, all sales were on May 24, 2013. Amount of securities beneficially owned following reported transactions 67,085 shares directly held.
Remarks:
Linda Kresse for Paolo Russolo by POA 05/28/2013
** 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 4 (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.