Claudy Wolrad 4
4 · TEKELEC · Filed Aug 17, 2010
Insider Transaction Report
Form 4
TEKELECTKLC
Claudy Wolrad
SVP, Global Sales
Transactions
- Exercise/Conversion
Restricted Stock Units
2010-08-15−7,500→ 0 totalFrom: 2010-08-15Exp: 2010-08-15→ Common Stock (7,500 underlying) - Exercise/Conversion
Common Stock
2010-08-15+7,500→ 25,046 total - Tax Payment
Common Stock
2010-08-16$11.17/sh−3,864$43,161→ 21,182 total
Footnotes (3)
- [F1]Shares were withheld to pay taxes applicable to the acquisition of shares of Common Stock upon the vesting of Restricted Stock Units ("RSUs").
- [F2]Each RSU converts to Common Stock on a one-for-one basis.
- [F3]RSUs vested on 8/15/10 as to 7,500 shares which (subject to the witholding of shares to pay withholding taxes) were issued on that date.