SCHELL THEODORE 4
4 · COMVERSE TECHNOLOGY INC/NY/ · Filed Jan 5, 2009
Insider Transaction Report
Form 4
COMVERSE TECHNOLOGY INC/NY/CMVT.PK
SCHELL THEODORE
Director
Transactions
- Exercise/Conversion
Common Stock
[F1][F2]2009-01-01+10,000→ 30,000 total - Tax Payment
Common Stock
[F2]2009-01-01$6.26/sh−3,635$22,755→ 26,365 total - Exercise/Conversion
Deferred Stock Award (units)
[F3][F4]2009-01-01−10,000→ 0 totalFrom: 2009-01-01Exp: 2009-01-01→ Common Stock (10,000 underlying)
Footnotes (4)
- [F1]Shares of Common Stock delivered in settlement of previously reported deferred stock award that was granted on December 5, 2007.
- [F2]Includes 10,000 shares of Comverse Common Stock deliverable in settlement of unvested award of deferred stock units.
- [F3]Each unit of the deferred stock award represents a contingent right to receive one share of Comverse Common Stock.
- [F4]Not applicable.
Signature
/s/ Shefali Shah, as Attorney-in-Fact for Theodore H. Schell|2009-01-05