Abstract: A cutter apparatus for dividing a form band or the like into individual forms, comprising two stationary cutters or knives and a movable cutter beam. The movable cutter beam possesses two knife or cutter edges at both marginal regions of the lower one of its two narrow sides. These cutter or knife edges, during each cutting stroke of the cutter beam, cut-out from the form band a transverse strip. At least one ejector element is mounted to be freely movable between two end or terminal positions at the cutter beam in a direction disposed essentially at right angles to said lower narrow side of the cutter beam.