Comverse, Inc. 4
4 · Comverse, Inc. · Filed Jun 25, 2013
Insider Transaction Report
Form 4
Comverse, Inc.CNSI
Tavakoli Nassrin
SVP, CTO and R&D
Transactions
- Award
Common Stock
2013-06-21+5,056→ 9,588 total - Award
Stock Option (right to buy)
2013-06-21+14,648→ 14,648 totalExercise: $29.00Exp: 2023-06-21→ Common Stock (14,648 underlying)
Footnotes (4)
- [F1]Represents shares of Comverse, Inc. ("Comverse") common stock deliverable in settlement of an award of restricted stock units with 1,685 of such shares to vest and be delivered on June 21 of each of 2014 and 2015 and 1,686 of such shares to vest and be delivered on June 21, 2016.
- [F2]Not applicable.
- [F3]Includes 9,588 shares of Comverse common stock deliverable in settlement of unvested restricted stock unit awards.
- [F4]The stock option vests in three installments with 4,883 shares vesting on June 21 of each of 2014 and 2015 and 4,882 shares vesting on June 21, 2016.