TELULAR CORP 4
4 · TELULAR CORP · Filed Jun 24, 2013
Insider Transaction Report
Form 4
TELULAR CORPWRLS
BARKER LAWRENCE S
Director
Transactions
- Disposition from Tender
Common Stock
2013-06-24$12.61/sh−47,142$594,461→ 0 total - Disposition to Issuer
Restricted Stock Units
2013-06-24−60,391→ 0 total→ Common Stock (60,391 underlying)
Footnotes (3)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of Telular common stock.
- [F2]55,591 RSUs are fully vested; 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 chnage 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 which all RSUs, vested and nonvested, were canceled and converted into rights to receive, in cash, $12.61 per unit.