Levy Aharon 4
4 · COMVERSE TECHNOLOGY INC/NY/ · Filed Mar 29, 2011
Insider Transaction Report
Form 4
COMVERSE TECHNOLOGY INC/NY/CMVY.PK
Levy Aharon
SVP, BSS General Manager
Transactions
- Award
Common Stock
2011-03-27+30,000→ 30,000 total - Award
Common Stock
2011-03-27+70,000→ 100,000 total
Footnotes (3)
- [F1]Represents shares of Comverse Common Stock deliverable in settlement of a deferred stock unit award granted on 3/27/11, with one-third (1/3) of such shares to vest and be delivered on each of the first, second and third anniversaries of the date of grant, subject to accelerated vesting under certain circumstances.
- [F2]Not applicable.
- [F3]Represents shares of Comverse Common Stock deliverable in settlement of a deferred stock unit award granted on 3/27/11, with 40% of such shares to vest and be delivered on the first anniversary of the date of grant and 30% of such shares to vest and be delivered on the second and third anniversaries of the date of grant, subject to accelerated vesting under certain circumstances.