COMVERSE TECHNOLOGY INC/NY/ 4

4 · COMVERSE TECHNOLOGY INC/NY/ · Filed Mar 17, 2010

Form 4

Period: 2010-03-15

Director

Transactions

Exercise/Conversion
Deferred Stock Unit Award
2010-03-15−10,000→ 0 total
From: 2010-03-15Exp: 2010-03-15→ Common Stock (10,000 underlying)
Tax Payment
Common Stock
2010-03-15$9.04/sh−3,877$35,048→ 30,543 total
Exercise/Conversion
Common Stock
2010-03-15+10,000→ 34,420 total

Holdings

Footnotes (5)

[F1]Shares of Comverse Common Stock delivered in settlement of a previously reported deferred stock unit award that was granted on December 5, 2007.
[F2]Includes 10,000 shares of Comverse Common Stock deliverable following vesting of an unvested deferred stock unit award and 10,000 shares of Comverse Common Stock deliverable in settlement of a vested deferred stock unit award that are subject to deferred delivery.
[F3]The shares are held in the accounts of Amici Associates L.P., The Collectors' Fund, L.P., LightPath Capital, L.P. and Amici Qualified Associates, L.P. (collectively, the "Partnerships"). The reporting person is the (i) Managing Member of CF Advisors, LLC, a Delaware limited liability company and the general partner of each of the Partnerships, (ii) Managing Member of Porter, Orlin LLC, a Delaware limited liability company and the investment advisor to each of the Partnerships, and (iii) the Managing Member of Amici Capital LLC, which is the investment management entity for Amici Fund International, Ltd. ("Amici Ltd.") and is an affiliate of Porter, Orlin LLC. The reporting person's interest in the securities reported on Table I herein is limited to the extent of his pecuiary interest in the Partnerships and Amici Ltd., if any.
[F4]Each deferred stock unit award represents a contingent right to receive shares of Comverse Common Stock on a delivery date following vesting.
[F5]Not applicable.

Documents

1 file