Koza Eric 4
4 · COMVERSE TECHNOLOGY INC/NY/ · Filed Feb 4, 2013
Insider Transaction Report
Form 4
Koza Eric
SVP Corp Dev & Fin Strategy
Transactions
- Disposition to Issuer
Common Stock
2013-02-04−218,196→ 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 201,575 shares of Issuer common stock deliverable in settlement of previously unvested deferred stock unit awards that became fully vested and were cancelled immediately prior to the effective time of the Merger ("Deferred Stock Units") in accordance with the terms and conditions of the Merger Agreement and 16,621 shares of Issuer common stock in settlement of vested deferred stock unit awards.
- [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.