DANZIGER ITSIK 4

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

Form 4

Period: 2004-01-13

Director

Transactions

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
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
Sale
Common Stock
2004-01-13$18.20/sh−20,000$364,000→ 105,000 total
Sale
Common Stock
2004-01-13$18.20/sh−10,000$182,000→ 95,000 total
Sale
Common Stock
2004-01-13$18.18/sh−20,000$363,600→ 75,000 total
Sale
Common Stock
2004-01-13$18.11/sh−20,000$362,200→ 55,000 total
Sale
Common Stock
2004-01-13$18.07/sh−20,000$361,400→ 35,000 total
Sale
Common Stock
2004-01-13$18.30/sh−35,000$640,500→ 0 total
Exercise/Conversion
Stock Option (Right to Buy)
[F2][F1]
2004-01-13−31,875→ 0 total
Exercise: $10.52Exp: 2007-05-28→ Common Stock (31,875 underlying)
Exercise/Conversion
Stock Option (Right to Buy)
[F2][F3]
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)
[F2][F4][F5]
2004-01-13−7,625→ 162,375 total
Exercise: $10.52Exp: 2009-10-18→ Common Stock (7,625 underlying)

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.

Signature

Frances B. Rail, as Attorney in Fact for Itsik Danziger|2004-01-14

Documents

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