TELULAR CORP 4
4 · TELULAR CORP · Filed Jun 24, 2013
Insider Transaction Report
Form 4
TELULAR CORPWRLS
Handy John W.
Director
Transactions
- Disposition to Issuer
Restricted Stock Units
2013-06-24−8,270→ 0 total→ Common Stock (8,270 underlying)
Footnotes (3)
- [F1]Each restricted unit ("RSU") represents a contingent right to receive one share of Telular common stock.
- [F2]3,470 RSUs are fully vested and 4,800 would have vested on January 31, 2014. All RSUs 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.
- [F3]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. under wich all RSUs, vested and unvested, were canceled and converted into rights to receive, in cash, $12.61 per unit.