Rice David K 4
4 · TEKELEC · Filed May 17, 2011
Insider Transaction Report
Form 4
TEKELECTKLC
Rice David K
Sr. Vice President, Operations
Transactions
- Exercise/Conversion
Common Stock
2011-05-16+3,750→ 29,384 total - Tax Payment
Common Stock
2011-05-16$8.47/sh−1,217$10,308→ 28,167 total - Exercise/Conversion
Restricted Stock Units
2009-05-16−3,750→ 3,750 totalFrom: 2011-05-16Exp: 2011-05-16→ Common Stock (3,750 underlying)
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 5/16/11 as to 3,750 shares which (subject to the witholding of shares to pay withholding taxes) were issued on that date.