Claudy Wolrad 4
4 · TEKELEC · Filed Mar 18, 2010
Insider Transaction Report
Form 4
TEKELECTKLC
Claudy Wolrad
SVP, Global Sales
Transactions
- Exercise/Conversion
Common Stock
2010-03-16$12.26/sh+8,500$104,210→ 25,958 total - Tax Payment
Common Stock
2010-03-16$18.48/sh−1,386$25,613→ 18,932 total - Sale
Common Stock
2010-03-16$18.40/sh−17,500$322,019→ 18,932 total - Exercise/Conversion
Employee Stock Option (right to buy)
2010-03-16−17,500→ 0 totalExercise: $16.74→ Common Stock (17,500 underlying) - Disposition to Issuer
Common Stock
2010-03-16$18.48/sh−5,640$104,227→ 20,318 total - Exercise/Conversion
Common Stock
2010-03-16$16.74/sh+17,500$292,950→ 36,432 total - Exercise/Conversion
Share Appreciation Rights
2010-03-16−8,500→ 25,500 totalExercise: $12.26Exp: 2015-02-27→ Common Stock (8,500 underlying)
Footnotes (3)
- [F1]Shares otherwise issuable upon exercise of SARs were withheld to pay applicable taxes.
- [F2]Stock Appreciation Rights vest and become exercisable in 4 equal annual installments commencing on 02/27/10 as long as the individual remains an employee of the Company (or one of its affiliates) from the grant date through the applicable vesting date.
- [F3]Option to purchase 40,000 shares vested and became exercisable in 16 equal quarterly installments commencing 12/31/2003. Each of the 16 quarterly installments will expire on the four-year anniversary of its vesting.