McCarthy Brian 4
4 · TELULAR CORP · Filed Feb 27, 2013
Insider Transaction Report
Form 4
TELULAR CORPWRLS
McCarthy Brian
Director
Transactions
- Award
Restricted Stock Units
2013-02-26$10.11/sh+657$6,642→ 56,009 total→ Common Stock (657 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 February 26, 2013, 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. Of the total, 601 restricted stock units may be converted into Telular common stock on a one-for-one basis upon either a change in control or on the date service as a director ends. The remaining 56 restricted stock units relate to the restricted stock award issued on February 5, 2013 and will vest on January 31, 2014.