TEKELEC 4
4 · TEKELEC · Filed May 17, 2010
Insider Transaction Report
Form 4
TEKELECTKLC
RESSNER MICHAEL P
Director
Transactions
- Award
Restricted Stock Units
2010-05-14+8,000→ 8,000 total→ Common Stock (8,000 underlying) - Exercise/Conversion
Common Stock
2010-05-14+8,000→ 8,000 total - Exercise/Conversion
Restricted Stock Units
2010-05-14−8,000→ 0 totalFrom: 2010-05-14Exp: 2010-05-14→ 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 14, 2011 or the day immediately preceding the date of Issuer's 2011 Annual Meeting of Shareholders.
- [F3]RSUs vested on 5/14/10 as to 8,000 shares which were issued on that date.