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4//SEC Filing

Comverse, Inc. 4

Accession 0001140361-15-025881

CIK 0001549872operating

Filed

Jun 28, 8:00 PM ET

Accepted

Jun 29, 8:22 PM ET

Size

17.9 KB

Accession

0001140361-15-025881

Insider Transaction Report

Form 4
Period: 2015-06-25
Tartavull Philippe
DirectorPresident, CEO and Director
Transactions
  • Tax Payment

    Common Stock

    2015-06-25$21.12/sh5,726$120,933115,984 total
  • Award

    Common Stock

    2015-06-26+60,591176,575 total
  • Award

    Stock option (right to buy)

    2015-06-26+165,125165,125 total
    Exercise: $20.68Exp: 2025-06-26Common Stock (165,125 underlying)
Footnotes (6)
  • [F1]Shares of Comverse common stock purchased by Comverse to cover tax liabilities in connection with the delivery of shares in settlement of one-third (1/3) of a restricted stock unit award issued on June 25, 2014.
  • [F2]Includes 47,007 shares of Comverse common stock deliverable in settlement of unvested restricted stock unit awards
  • [F3]Represents shares of Comverse common stock deliverable in settlement of an award of restricted stock units with 20,197 of such shares to vest and be delivered on each of June 26, 2016, 2017 and 2018.
  • [F4]Not applicable.
  • [F5]Includes 107,598 shares of Comverse common stock deliverable in settlement of unvested restricted stock unit awards.
  • [F6]The stock option vests in three installments with 55,042 shares vesting on each of June 26, 2016 and 2017 and 55,041 shares vesting on June 26, 2018.

Issuer

Comverse, Inc.

CIK 0001549872

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001549872

Filing Metadata

Form type
4
Filed
Jun 28, 8:00 PM ET
Accepted
Jun 29, 8:22 PM ET
Size
17.9 KB