4//SEC Filing
TEKELEC 4
Accession 0000790705-11-000052
CIK 0000790705operating
Filed
May 15, 8:00 PM ET
Accepted
May 16, 8:55 AM ET
Size
9.6 KB
Accession
0000790705-11-000052
Insider Transaction Report
Form 4
TEKELECTKLC
RESSNER MICHAEL P
Director
Transactions
- Exercise/Conversion
Restricted Stock Units
2011-05-12−8,000→ 0 totalFrom: 2011-05-12Exp: 2011-05-12→ Common Stock (8,000 underlying) - Award
Restricted Stock Units
2011-05-13+8,000→ 8,000 total→ Common Stock (8,000 underlying) - Exercise/Conversion
Common Stock
2011-05-12+8,000→ 16,000 total
Footnotes (3)
- [F1]Restricted Stock Units ("RSUs") convert to Tekelec Common Stock on a one-for-one basis.
- [F2]RSUs vested on 5/12/11 as to 8,000 shares which were issued on that date.
- [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 full on the earlier of (i) May 13, 2012, (ii) the day immediately preceding the date of the Issuer's 2012 Annual Meeting of Shareholders, or (iii) a change in control of the Issuer, provided that the Reporting Person remains a non-employee director of the Issuer through the vesting date.
Documents
Issuer
TEKELEC
CIK 0000790705
Entity typeoperating
IncorporatedCA
Related Parties
1- filerCIK 0000790705
Filing Metadata
- Form type
- 4
- Filed
- May 15, 8:00 PM ET
- Accepted
- May 16, 8:55 AM ET
- Size
- 9.6 KB