4//SEC Filing
Tavakoli Nassrin 4
Accession 0001140361-12-045688
CIK 0001549872other
Filed
Nov 4, 7:00 PM ET
Accepted
Nov 5, 6:02 PM ET
Size
7.8 KB
Accession
0001140361-12-045688
Insider Transaction Report
Form 4
Comverse, Inc.CNSI
Tavakoli Nassrin
SVP, CTO and R&D
Transactions
- Award
Stock Option (right to buy)
2012-11-01+1→ 27,193 totalExercise: $27.23Exp: 2022-10-01→ Common Stock (27,193 underlying) - Award
Common Stock
2012-11-01+4,532→ 4,532 total
Footnotes (4)
- [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]Represents shares of Comverse common stock deliverable in settlement of an award of restricted stock units with 1,511 shares vesting on October 1 of each of 2013 and 2014 and 1,510 shares vesting on October 1, 2015.
- [F3]The stock option vests in three installments with 9,065 of such shares to vest and be delivered on October 1, 2013 and 9,064 of such shares to vest and be delivered on October 1 of each of 2014 and 2015.
- [F4]Not applicable.
Documents
Issuer
Comverse, Inc.
CIK 0001549872
Entity typeother
Related Parties
1- filerCIK 0001561198
Filing Metadata
- Form type
- 4
- Filed
- Nov 4, 7:00 PM ET
- Accepted
- Nov 5, 6:02 PM ET
- Size
- 7.8 KB