DANZIGER ITSIK 4

4 · COMVERSE TECHNOLOGY INC/NY/ · Filed Jan 14, 2004

Form 4

Period: 2004-01-13

Director

Transactions

Sale
Common Stock
2004-01-13$18.30/sh−35,000$640,500→ 0 total
Exercise/Conversion
Stock Option (Right to Buy)
2004-01-13−110,500→ 0 total
Exercise: $10.52Exp: 2009-10-18→ Common Stock (110,500 underlying)
Exercise/Conversion
Stock Option (Right to Buy)
2004-01-13−31,875→ 0 total
Exercise: $10.52Exp: 2007-05-28→ Common Stock (31,875 underlying)
Sale
Common Stock
2004-01-13$18.20/sh−20,000$364,000→ 105,000 total
Exercise/Conversion
Stock Option (Right to Buy)
2004-01-13−7,625→ 162,375 total
Exercise: $10.52Exp: 2009-10-18→ Common Stock (7,625 underlying)
Sale
Common Stock
2004-01-13$18.27/sh−15,000$274,050→ 135,000 total
Sale
Common Stock
2004-01-13$18.20/sh−10,000$182,000→ 125,000 total
Exercise/Conversion
Common Stock
2004-01-13$10.52/sh+31,875$335,325→ 31,875 total
Exercise/Conversion
Common Stock
2004-01-13$10.52/sh+110,500$1,162,460→ 142,375 total
Exercise/Conversion
Common Stock
2004-01-13$10.52/sh+7,625$80,215→ 150,000 total

Footnotes (5)

[F1]These options were granted on December 23, 2002 and became fully exercisable on June 23, 2003.
[F2]The zero ("0") in this column is solely for the purpose of permitting the use of a descriptive footnote stating that the price is not applicable.
[F3]These options were granted on December 23, 2002 becoming exercisable as follows: 76,500 options on June 23, 2003 and 34,000 options on October 18, 2003.
[F4]These options were granted on December 23, 2002 as part of a grant becoming exercisable as follows: 98,625 options on June 23, 2003, and 10,625 options on each of the following dates - August 30, 2003, October 30, 2003, February 29, 2004, May 31, 2004, August 31, 2004 and November 30, 2004.
[F5]As of the date hereof, Mr. Danziger beneficially owns total options to purchase 377,375 shares (204,875 vested options and 172,500 unvested options), including the 162,375 options reported herein.

Documents

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