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4//SEC Filing

DAHAN ANDRE 4

Accession 0000909518-09-000274

CIK 0000803014other

Filed

Apr 23, 8:00 PM ET

Accepted

Apr 24, 4:05 PM ET

Size

6.4 KB

Accession

0000909518-09-000274

Insider Transaction Report

Form 4
Period: 2008-04-22
DAHAN ANDRE
DirectorPresident and CEO
Transactions
  • Award

    Common Stock

    2008-04-22+420,000738,472 total
Footnotes (4)
  • [F1]Represents shares of Comverse Common Stock deliverable in settlement of an award of deferred stock units granted on April 22, 2009, with one-third (1/3) of such shares to vest and be delivered on each of April 6, 2010, April 6, 2011 and April 6, 2012, subject to accelerated vesting under certain circumstances, provided that, if on any vesting date there is no effective registration statement on Form S-8 in respect of such shares, the delivery of the shares vested on such vesting date will be deferred to the first date following such vesting date on which such shares are the subject of an effective registration statement on Form S-8, but in no event later than March 15 of the year succeeding such vesting date.
  • [F2](Continuation of Footnote 1) Notwithstanding the foregoing, the vesting and delivery of 100,000 shares in settlement of this award will be conditioned upon the achievement by Comverse Technology, Inc. and Comverse, Inc. of a specified performance criterion based on pro forma operating income for fiscal year 2009. If such criterion is not achieved, the portion of the award relating to such 100,000 shares will be forfeited.
  • [F3]Not applicable.
  • [F4]Includes 318,472 shares of Comverse Common Stock deliverable in settlement of a deferred stock unit award reported in Table I in prior filings. Excludes shares deliverable in settlement of a deferred stock unit award reported as derivative securities in Table II in prior filings.

Issuer

COMVERSE TECHNOLOGY INC/NY/

CIK 0000803014

Entity typeother

Related Parties

1
  • filerCIK 0001182426

Filing Metadata

Form type
4
Filed
Apr 23, 8:00 PM ET
Accepted
Apr 24, 4:05 PM ET
Size
6.4 KB