ASSCHER JEAN CLAUDE 4
4 · TEKELEC · Filed May 17, 2005
Insider Transaction Report
Form 4
TEKELECTKLC
ASSCHER JEAN CLAUDE
Director
Transactions
- Award
Stock Option (right to buy)
2005-05-13+10,000→ 10,000 totalExercise: $12.25→ Common Stock (10,000 underlying)
Holdings
- 24,400
Common Stock
- 20,000(indirect: By Tekelec-Airtronic, S.A.)
Common Stock
Footnotes (1)
- [F1]Option to purchase 10,000 shares vests and becomes exercisable in four equal quarterly installments commencing 06/30/05. Option is exercisable as to each installment of vested shares for a period of four years following the vesting date.