MCWILLIAMS REX A 4
4 · ULTICOM INC · Filed Jan 7, 2010
Insider Transaction Report
Form 4
ULTICOM INCULCM
MCWILLIAMS REX A
Director
Transactions
- Exercise/Conversion
Deferred Stock Awards (units)
2010-01-06−1,375→ 3,875 total→ Common Stock (1,375 underlying) - Exercise/Conversion
Common Stock
2010-01-06+1,375→ 4,125 total
Footnotes (2)
- [F1]Each unit of deferred stock was the economic equivalent of one share of Ulticom, Inc. common stock. The reporting person settled all of his units of the Deferred Stock Awards for shares of Ulticom, Inc. common stock.
- [F2]The Deferred Stock Award settled on the Settlement Date which was the earlier of the (a) the date on which a Change in Control occurs (to the extent that such Change in Control also constitutes a change in ownership or effective control within the meaning of Treasury Regulations Section 1.409A-3(i)(5) and (b) January 6, 2010. The Deferred Stock Award vested 25% on April 30, 2008, 25% on July 31, 2008, 25% on October 31, 2008 and 25% January 31, 2009.