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WIRELESS FACILITIES INC 4

Accession 0001104659-06-064954

$KTOSCIK 0001069258operating

Filed

Oct 3, 8:00 PM ET

Accepted

Oct 4, 6:49 PM ET

Size

8.3 KB

Accession

0001104659-06-064954

Insider Transaction Report

Form 4
Period: 2006-10-02
TAYEBI MASOOD
DirectorChairman10% Owner
Transactions
  • Exercise of In-Money

    Common Stock

    2006-10-02375,0006,466,529 total(indirect: By Trust)
  • Exercise of In-Money

    Variable Prepaid Forward

    2006-10-0200 total(indirect: See footnote)
    Common Stock (375,000 underlying)
Footnotes (2)
  • [F1]On October 2nd, 2003, the Masood Tayebi Trust entered into a binding term sheet for a prepaid variable share forward contract with an unaffiliated third party. The contract dated October 2nd, 2003 related to the disposition by the Masood Tayebi Trust of 375,000 shares of Common Stock. Specifically, the contract obligated the Trust to deliver to the buyer on October 2nd, 2006 up to 375,000 shares of Common Stock in settlement of the contract, and in compliance with these terms, the Masood Tayebi Trust delivered the full amount of such shares on October 2nd, 2006. A Form 4 reporting the entry into this contract was filed on October 6th, 2003.
  • [F2]Includes 5,348,628 shares held by the Masood Tayebi Trust, 233,723 shares held by trusts for the benefit of Mr. Tayebi's children and 884,178 shares held in grantor retained annuity trusts controlled by Mr. Tayebi.

Documents

1 file

Issuer

WIRELESS FACILITIES INC

CIK 0001069258

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001069258

Filing Metadata

Form type
4
Filed
Oct 3, 8:00 PM ET
Accepted
Oct 4, 6:49 PM ET
Size
8.3 KB