4//SEC Filing
GOLAN ODED 4
Accession 0001140361-12-045687
CIK 0001549872other
Filed
Nov 4, 7:00 PM ET
Accepted
Nov 5, 6:01 PM ET
Size
16.3 KB
Accession
0001140361-12-045687
Insider Transaction Report
Form 4
Comverse, Inc.CMVT
GOLAN ODED
SVP, COO
Transactions
- Award
Common Stock
2012-11-01+32,253→ 35,653 total - Award
Stock Option (right to buy)
2012-11-01+1→ 1,863 totalExercise: $29.08Exp: 2019-05-28→ Common Stock (1,863 underlying) - Other
Common Stock
2012-11-01+3,400→ 3,400 total - Award
Stock Option (right to buy)
2012-11-01+1→ 230 totalExercise: $58.16Exp: 2015-10-14→ Common Stock (230 underlying) - Award
Stock Option (right to buy)
2012-11-01+1→ 212 totalExercise: $58.16Exp: 2013-12-22→ Common Stock (212 underlying) - Award
Stock Option (right to buy)
2012-11-01+1→ 176 totalExercise: $58.16Exp: 2014-12-06→ Common Stock (176 underlying)
Footnotes (5)
- [F1]On October 31, 2012, Comverse Technology, Inc. ("CTI") effected the distribution of 100% of the outstanding shares of the common stock of Comverse, Inc. ("Comverse") held by CTI to CTI's shareholders (the "Distribution"). As a result of the Distribution, the reporting person's CTI restricted stock units and options were converted into Comverse restricted stock units and options. All such restricted stock units and options were granted pursuant to the Comverse, Inc. 2012 Stock Incentive Compensation Plan.
- [F2]Acquired in the Distribution as a result of holdings of CTI common shares in a transaction that was exempt pursuant to Rule 16a-9 and that was approved by Comverse's Board of Directors.
- [F3]Represents shares of Comverse common stock deliverable in settlement of an award of restricted stock units with 4,079 of such shares to vest and be delivered on March 3, 2013, 5,288 of such shares to vest and be delivered on April 9, 2013, 2,794 of such shares to vest and be delivered on June 27, 2013, 2,719 of such shares to vest and be delivered on July 27, 2013, 4,079 of such shares to vest and be delivered on March 3, 2014, 5,288 of such shares to vest and be delivered on April 9, 2014, 2,719 of such shares to vest and be delivered on July 27, 2014 and 5,287 of such shares to vest and be delivered on April 9, 2015.
- [F4]All stock options Mr. Golan received in connection with the Distribution have vested and are currently exercisable.
- [F5]Not applicable.
Documents
Issuer
Comverse, Inc.
CIK 0001549872
Entity typeother
Related Parties
1- filerCIK 0001514444
Filing Metadata
- Form type
- 4
- Filed
- Nov 4, 7:00 PM ET
- Accepted
- Nov 5, 6:01 PM ET
- Size
- 16.3 KB