4//SEC Filing
Claudy Wolrad 4
Accession 0000790705-11-000011
CIK 0000790705other
Filed
Feb 28, 7:00 PM ET
Accepted
Mar 1, 5:29 PM ET
Size
24.7 KB
Accession
0000790705-11-000011
Insider Transaction Report
Form 4
TEKELECTKLC
Claudy Wolrad
SVP, Global Sales
Transactions
- Award
Restricted Stock Units
2011-02-25+12,500→ 12,500 total→ Common Stock (12,500 underlying) - Award
Share Appreciation Rights
2011-02-25+60,500→ 60,500 totalExercise: $7.66Exp: 2017-02-27→ Common Stock (60,500 underlying) - Exercise/Conversion
Restricted Stock Units
2011-02-27−4,250→ 8,500 totalFrom: 2011-02-27Exp: 2011-02-27→ Common Stock (4,250 underlying) - Tax Payment
Common Stock
2011-02-28$7.67/sh−1,082$8,299→ 22,350 total - Exercise/Conversion
Common Stock
2011-02-26+5,000→ 27,350 total - Exercise/Conversion
Common Stock
2011-02-27+4,250→ 29,194 total - Exercise/Conversion
Restricted Stock Units
2011-02-26−5,000→ 0 totalFrom: 2011-02-26Exp: 2011-02-26→ Common Stock (5,000 underlying) - Tax Payment
Common Stock
2011-02-28$7.67/sh−2,406$18,454→ 24,944 total - Exercise/Conversion
Restricted Stock Units
2011-02-26−2,250→ 6,750 totalFrom: 2011-02-26Exp: 2011-02-26→ Common Stock (2,250 underlying) - Exercise/Conversion
Common Stock
2011-02-26+2,250→ 23,432 total - Tax Payment
Common Stock
2011-02-28$7.67/sh−2,044$15,677→ 27,150 total
Footnotes (7)
- [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]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 4 equal annual installments commencing on 02/25/12 as long as the Reporting Person remains an employee of the Company (or any of its affiliates) from the grant date through the applicable vesting date.
- [F4]Stock Appreciation Rights vest and become exercisable in 4 equal annual installments commencing on 02/25/12 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.
- [F5]RSUs vested on 2/26/11 as to 2,250 shares which (subject to the witholding of shares to pay withholding taxes) were issued on that date.
- [F6]RSUs vested on 2/26/11 as to 5,000 shares which (subject to the witholding of shares to pay withholding taxes) were issued on that date.
- [F7]RSUs vested on 2/27/11 as to 4,250 shares which (subject to the witholding of shares to pay withholding taxes) were issued on that date.
Documents
Issuer
TEKELEC
CIK 0000790705
Entity typeother
Related Parties
1- filerCIK 0001435316
Filing Metadata
- Form type
- 4
- Filed
- Feb 28, 7:00 PM ET
- Accepted
- Mar 1, 5:29 PM ET
- Size
- 24.7 KB