Brody George 4
4 · TELULAR CORP · Filed Nov 5, 2012
Insider Transaction Report
Form 4
TELULAR CORPWRLS
Brody George
Sr VP GM Terminal Segment
Transactions
- Award
Telular Common Stock
2012-11-01+2,748→ 62,909 total - Tax Payment
Telular Common Stock
2012-11-01$9.86/sh−889$8,766→ 62,020 total - Exercise/Conversion
Restricted Stock Units
2012-11-01$9.86/sh−2,748$27,095→ 11,842 total→ Common Stock (2,748 underlying) - Award
Restricted Stock Units
2012-11-01+8,244→ 14,590 total→ Common Stock (8,244 underlying)
Footnotes (5)
- [F1]These are shares issued in connection with a performance based stock plan. These are vested shares representing 1/3 of the total performance stock award granted to the Reporting Person on 11/08/2011.
- [F2]Represents shares of common stock withheld to pay taxes upon the vesting of performance based stock units granted to the Reporting Person on 11/08/2011. The number of shares withheld was determined on 11/01/2012, based on the closing price of Telular's common stock on 11/01/2012.
- [F3]Each restricted stock unit represents a contingent right to receive one share of Telular common stock. The restricted stock units were credited to the Reporting Person pursuant to achieving fiscal year 2012 performance measurements.
- [F4]Restricted stock units will vest in the following manner: 1/3 vested on 11/01/2012 and the remaining 2/3 will vest 50% on 09/30/2013 and 50% on 09/30/2014. They may be converted into Telular common stock on a one-for-one basis on the vesting dates.
- [F5]These are shares that vested on 11/01/2012 and were converted into Telular common stock on 11/01/2012.