McCarthy Brian 4
4 · TELULAR CORP · Filed Jun 3, 2011
Insider Transaction Report
Form 4
TELULAR CORPWRLS
McCarthy Brian
Director
Transactions
- Award
Restricted Stock Units
2011-05-23$6.21/sh+737$4,580→ 46,533 total→ Common Stock (737 underlying)
Footnotes (2)
- [F1]The restricted stock units were credited to the reporting person pursuant to dividend equivalent rights included in restricted stock units held by the reporting person on May 23, 2011, the date on which Telular paid a dividend on its common stock.
- [F2]Each restricted stock unit represents a contingent right to receive one share of Telular common stock. The restricted stock unti may be converted into Telular common stock on a one-for-one basis upon either a change in control or on the date services as a director ends.