Terrell Mark C 4
4 · COMVERSE TECHNOLOGY INC/NY/ · Filed Feb 4, 2013
Insider Transaction Report
Form 4
Terrell Mark C
Director
Transactions
- Disposition to Issuer
Common Stock
2013-02-04−78,327→ 0 total
Footnotes (3)
- [F1]Disposition made in connection with the conversion of securities in the merger (the "Merger") pursuant to the Agreement and Plan of Merger (the "Merger Agreement") by and among the Issuer, Verint Systems Inc. ("Verint") and Victory Acquisition I LLC, a copy of which was filed with the Securities and Exchange Commission on January 4, 2013. The effective date of the Merger was February 4, 2013.
- [F2]Includes 78,327 shares of Issuer common stock in settlement of vested deferred stock unit awards ("Deferred Stock Units").
- [F3]At the effective time of the Merger, outstanding shares of Issuer common stock were converted into the right to receive new shares of Verint common stock at an exchange ratio specified in the Merger Agreement (the "Merger Consideration"). Holders of Deferred Stock Units received the Merger Consideration in the same manner as holders shares of Issuer common stock.