TEKELEC 4
4 · TEKELEC · Filed May 18, 2009
Insider Transaction Report
Form 4
TEKELECTKLC
RESSNER MICHAEL P
Director
Transactions
- Exercise/Conversion
Common Stock
2009-05-16+8,000→ 8,000 total - Award
Restricted Stock Units
2009-05-15+8,000→ 8,000 total→ Common Stock (8,000 underlying) - Exercise/Conversion
Restricted Stock Units
2009-05-16−8,000→ 0 totalFrom: 2009-05-16Exp: 2009-05-16→ Common Stock (8,000 underlying)
Footnotes (3)
- [F1]Restricted Stock Units ("RSUs") convert to Tekelec Common Stock on a one-for-one basis.
- [F2]Each RSU represents the right to receive, upon vesting, one share of Tekelec Common Stock. The RSUs will vest (and shares represented thereby will be issued) in full on the earlier of May 15, 2010 or the date of Issuer's 2010 Annual Meeting of Shareholders.
- [F3]RSUs vested on 5/16/09 as to 8,000 shares which were issued on that date.