COMVERSE TECHNOLOGY INC/NY/ 4
4 · COMVERSE TECHNOLOGY INC/NY/ · Filed Oct 6, 2011
Insider Transaction Report
Form 4
PORTER ALEXANDER A. JR.
Director
Transactions
- Tax Payment
Common Stock
2011-10-05$6.49/sh−3,902$25,324→ 34,494 total
Holdings
- 3,329,643(indirect: See Footnote)
Common Stock
Footnotes (3)
- [F1]Shares of Comverse Common Stock purchased by Comverse to cover tax liabilities in connection with the delivery of shares in settlement of a deferred stock unit award granted on December 3, 2009.
- [F2]Includes 7,853 shares of Comverse Common Stock deliverable in settlement of an unvested deferred stock unit award.
- [F3]The shares of Comverse Common Stock are held directly by Amici Associates, L.P., Amici Qualified Associates, L.P., Amici Fund International, Ltd., The Collectors' Fund, L.P., Lightpath Capital, L.P. and a managed account (collectively, the "Private Investment Accounts") advised by Porter Orlin LLC. Porter Orlin LLC, a Delaware limited liability company, is the investment adviser of the Private Investment Accounts. The reporting person is a managing member of Porter Orlin LLC. The reporting person's interest in the securities held by the Private Investment Accounts is limited to the extent of his pecuniary interest in the Private Investment Accounts, if any.