BAKER PAUL 4
4 · ULTICOM, INC · Filed Dec 3, 2010
Insider Transaction Report
Form 4
ULTICOM, INCULCM
BAKER PAUL
Director
Transactions
- Disposition to Issuer
Common Stock
2010-12-03$2.33/sh−250$583→ 0 total - Disposition to Issuer
Stock Options
2010-12-03−625→ 0 totalExercise: $19.34Exp: 2014-07-09→ Common Stock (0 underlying)
Footnotes (3)
- [F1]On October 12, 2010, Ulticom, Inc. ("Ulticom"), Utah Intermediate Holding Corporation and Utah Merger Corporation ("Merger Sub") entered into a merger agreement (the "Merger Agreement") which provided for a merger in which Merger Sub will merge with and into Ulticom with Ulticom as the surviving corporation (the "Merger"). At the effective time on December 3, 2010, each issued and outstanding share of Ulticom common stock was cancelled and converted into the right to receive $2.33 in cash.
- [F2]These options vested in four equal installments on 7/9/2005, 7/9/2006, 7/9/2007 and 7/9/2008.
- [F3]Pursuant to the terms of the Merger Agreement, these options were cancelled because the exercise price was greater than the merger consideration of $2.33 per share.