Nayak Narasimha 4
4 · Comverse, Inc. · Filed Dec 7, 2012
Insider Transaction Report
Form 4
Comverse, Inc.CNSI
Nayak Narasimha
SVP, Systems and Solutions
Transactions
- Award
Stock option (right to buy)
2012-12-05+13,848→ 13,848 totalExercise: $28.33Exp: 2022-12-05→ Common Stock (13,848 underlying) - Award
Common Stock
2012-12-05+4,790→ 4,790 total
Footnotes (3)
- [F1]Represents shares of Comverse common stock deliverable in settlement of an award of restricted stock units with 1,597 of such shares to vest and be delivered on each of December 5, 2013 and 2014 and 1,596 of such shares to vest and be delivered on December 5, 2015.
- [F2]The stock option vests in three installments with 4,616 shares vesting on each of December 5, 2013, 2014 and 2015.
- [F3]Not applicable.