4//SEC Filing
Rathje Shawn C. 4
Accession 0001140361-12-045690
CIK 0001549872other
Filed
Nov 4, 7:00 PM ET
Accepted
Nov 5, 6:05 PM ET
Size
7.7 KB
Accession
0001140361-12-045690
Insider Transaction Report
Form 4
Comverse, Inc.CNSI
Transactions
- Award
Common Stock
2012-11-01+3,399→ 3,399 total - Award
Stock Option (right to buy)
2012-11-01+1→ 10,197 totalExercise: $28.24Exp: 2022-09-13→ Common Stock (10,197 underlying)
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 1,133 of such shares to vest and be delivered on July 24 of each of 2013, 2014 and 2015.
- [F3]The stock option vests in three equal installments with 3,399 shares vesting on July 24 of each of 2013, 2014 and 2015.
- [F4]Not applicable.
Documents
Issuer
Comverse, Inc.
CIK 0001549872
Entity typeother
Related Parties
1- filerCIK 0001428406
Filing Metadata
- Form type
- 4
- Filed
- Nov 4, 7:00 PM ET
- Accepted
- Nov 5, 6:05 PM ET
- Size
- 7.7 KB