TEKELEC 4
4 · TEKELEC · Filed Jun 13, 2005
Insider Transaction Report
Form 4
TEKELECTKLC
PIPPIN TERESA A
Sr. V.P. Human Resources
Transactions
- Exercise/Conversion
Employee Stock Option (right to buy)
2005-06-09−5,000→ 20,000 totalExercise: $8.54→ Common Stock (5,000 underlying) - Sale
Common Stock
2005-06-09$15.54/sh−5,000$77,700→ 950 total - Exercise/Conversion
Common Stock
2005-06-09$8.54/sh+5,000$42,700→ 5,950 total
Footnotes (1)
- [F1]Option to purchase 40,000 shares vests and becomes exercisable in sixteen equal quarterly installments commencing 06/30/03. Option is exercisable as to each installment of vested shares for a period of four years following the vesting date.