HIRAM RON 4
4 · ULTICOM INC · Filed Jan 2, 2009
Insider Transaction Report
Form 4
ULTICOM INCULCM.PK
HIRAM RON
Director
Transactions
- Exercise/Conversion
Common Stock
2009-01-01+5,500→ 12,000 total - Exercise/Conversion
Deferred Stock Awards (units)
2009-01-01−5,500→ 5,500 total→ Common Stock (5,500 underlying)
Footnotes (2)
- [F1]Each unit of deferred stock was the economic equivalent of one share of Ulticom, Inc. common stock. The reporting person settled all of his units of the Deferred Stock Awards for shares of Ulticom, Inc. common stock.
- [F2]The Deferred Stock Award settled on the Settlement Date which was the earlier of the (a) the date on which a Change in Control occurs (to the extent that such Change in Control also constitutes a change in ownership or effective control within the meaning of Treasury Regulations Section 1.409A-3(i)(5) and (b) January 1, 2009. The Deferred Stock Award was 75% vested as of the date of the grant on January 18, 2008.