PIPPIN TERESA A 4
4 · TEKELEC · Filed Dec 3, 2003
Insider Transaction Report
Form 4
TEKELECTKLC
PIPPIN TERESA A
Sr. V.P. Human Resources
Transactions
- Sale
Common Stock
2003-12-02$16.88/sh−100$1,688→ 1,150 total - Exercise/Conversion
Employee Stock Option (right to buy)
2003-12-02$8.54/sh−2,500$21,350→ 35,000 totalExercise: $8.54→ Common Stock (2,500 underlying) - Exercise/Conversion
Common Stock
2003-12-02$8.54/sh+2,500$21,350→ 3,450 total - Sale
Common Stock
2003-12-02$16.94/sh−200$3,388→ 3,250 total - Sale
Common Stock
2003-12-02$16.91/sh−600$10,146→ 2,650 total - Sale
Common Stock
2003-12-02$16.90/sh−1,400$23,660→ 1,250 total
Footnotes (1)
- [F1]Option to purchase 40,000 shares vests and becomes exercisable in 16 equal quarterly installments commencing 6/30/03. Each of the 16 quarterly installments will expire on the four-year anniversary of its vesting.