4//SEC Filing
Legon Joel 4
Accession 0001140361-13-004473
CIK 0000803014other
Filed
Feb 3, 7:00 PM ET
Accepted
Feb 4, 5:41 PM ET
Size
5.9 KB
Accession
0001140361-13-004473
Insider Transaction Report
Form 4
Legon Joel
Chief Accounting Officer
Transactions
- Disposition to Issuer
Common Stock
2013-02-04−218,779→ 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 164,167 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 54,612 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.
Documents
Issuer
COMVERSE TECHNOLOGY INC/NY/
CIK 0000803014
Entity typeother
Related Parties
1- filerCIK 0001354683
Filing Metadata
- Form type
- 4
- Filed
- Feb 3, 7:00 PM ET
- Accepted
- Feb 4, 5:41 PM ET
- Size
- 5.9 KB