4//SEC Filing
Wells Marykay 4
Accession 0000790705-11-000023
CIK 0000790705other
Filed
Feb 28, 7:00 PM ET
Accepted
Mar 1, 5:47 PM ET
Size
19.3 KB
Accession
0000790705-11-000023
Insider Transaction Report
Form 4
TEKELECTKLC
Wells Marykay
Chief Information Officer
Transactions
- Exercise/Conversion
Common Stock
2011-02-26+1,500→ 1,500 total - Award
Share Appreciation Rights
2011-02-25+46,200→ 46,200 totalExercise: $7.66Exp: 2017-02-25→ Common Stock (46,200 underlying) - Award
Restricted Stock Units
2011-02-25+9,600→ 9,600 total→ Common Stock (9,600 underlying) - Exercise/Conversion
Restricted Stock Units
2011-02-26−1,500→ 4,500 totalFrom: 2011-02-26Exp: 2011-02-26→ Common Stock (1,500 underlying) - Tax Payment
Common Stock
2011-02-28$7.67/sh−550$4,219→ 950 total - Exercise/Conversion
Common Stock
2011-02-27+1,875→ 2,825 total - Tax Payment
Common Stock
2011-02-28$7.67/sh−688$5,277→ 2,137 total - Exercise/Conversion
Restricted Stock Units
2011-02-27−1,875→ 3,750 totalFrom: 2011-02-27Exp: 2011-02-27→ Common Stock (1,875 underlying)
Footnotes (6)
- [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 1,500 shares which (subject to the witholding of shares to pay withholding taxes) were issued on that date.
- [F6]RSUs vested on 2/27/11 as to1,875 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 0001400392
Filing Metadata
- Form type
- 4
- Filed
- Feb 28, 7:00 PM ET
- Accepted
- Mar 1, 5:47 PM ET
- Size
- 19.3 KB