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4//SEC Filing

TELULAR CORP 4

Accession 0001181431-13-036412

CIK 0000915324operating

Filed

Jun 23, 8:00 PM ET

Accepted

Jun 24, 2:27 PM ET

Size

9.6 KB

Accession

0001181431-13-036412

Insider Transaction Report

Form 4
Period: 2013-06-24
Popplewell Henry J.
Senior VP /GM of SkyBitz
Transactions
  • Disposition from Tender

    Common Stock

    2013-06-24$12.61/sh1,274$16,0650 total
  • Disposition to Issuer

    Stock Options (right to buy)

    2013-06-24$9.60/sh39,600$380,1600 total
    Exercise: $9.60Exp: 2018-12-10Common Stock (39,600 underlying)
  • Disposition to Issuer

    Restricted Stock Units

    2013-06-2414,3800 total
    Common Stock (14,380 underlying)
Footnotes (3)
  • [F1]Disposed of pursuant to the Agreement and Plan of Merger dated April 29, 2013 between Telular Corporation, ACP Tower Holdings,LLC and ACP Tower Merger Sub, Inc. The Reporting Person will receive the difference between $12.61 and the respective exercise price per option.
  • [F2]There options were vested 1/6 on the six month anniversary of the grant date, 12/10/2012, then 1/36 each month thereafter through 12/10/2015.
  • [F3]Each restricted stock unit ("RSU") represents a contingent right to receive one share of Telular common stock. These RSUs were granted to the Reporting Person pursuant to achieving fiscal year 2012 performance measurements and a grant in fiscal year 2013 for performance measurements not yet achieved. Pursuant to the Agreement and Plan of Merger, all RSUs, earned and unearned, will be canceled and converted into rights to receive, in cash, $12.61 per unit.Unearned performance-based RSUs vested at target levels in accordance with the Agreement and Plan of Merger.

Issuer

TELULAR CORP

CIK 0000915324

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0000915324

Filing Metadata

Form type
4
Filed
Jun 23, 8:00 PM ET
Accepted
Jun 24, 2:27 PM ET
Size
9.6 KB