4//SEC Filing
OSBORNE SHAWN 4
Accession 0001251774-10-000002
CIK 0001103184other
Filed
Dec 2, 7:00 PM ET
Accepted
Dec 3, 3:06 PM ET
Size
17.4 KB
Accession
0001251774-10-000002
Insider Transaction Report
Form 4
ULTICOM, INCULCM
OSBORNE SHAWN
DirectorPresident and CEO
Transactions
- Disposition to Issuer
Stock Options
2010-12-03−18,750→ 0 totalExercise: $19.34Exp: 2014-07-09→ Common Stock (0 underlying) - Disposition to Issuer
Common Stock
2010-12-03$2.33/sh−81,415$189,697→ 0 total - Disposition to Issuer
Stock Options
2010-12-03$0.31/sh−25,000$7,750→ 0 totalExercise: $2.02Exp: 2012-06-25→ Common Stock (0 underlying) - Disposition to Issuer
Stock Options
2010-12-03−18,750→ 0 totalExercise: $14.82Exp: 2013-06-26→ Common Stock (0 underlying) - Disposition to Issuer
Stock Options
2010-12-03−18,751→ 0 totalExercise: $15.30Exp: 2015-12-29→ Common Sstock (0 underlying) - Disposition to Issuer
Stock Options
2010-12-03−18,750→ 0 totalExercise: $54.19Exp: 2011-03-05→ Common Stock (0 underlying)
Footnotes (8)
- [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]Pursuant to the terms of the Merger Agreement, these options were cancelled and converted into the right to receive a cash payment in an amount equal to the excess of (1) the merger consideration over (2) the exercise price ($2.33 - $2.02 = $0.31 per share).
- [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.
- [F4]These options vested in four equal installments on 6/25/2003, 6/25/2004, 6/25/2005 and 6/25/2006.
- [F5]These options vested in four equal installments on 6/26/2004, 6/26/2005, 6/26/2006 and 6/26/2007.
- [F6]These options vested in four equal installments on 12/29/2006, 12/29/2007, 12/29/2008 and 12/29/2009.
- [F7]These options vested in four equal installments on 7/9/2005, 7/9/2006, 7/9/2007 and 7/9/2008.
- [F8]These options vested in four equal installments on 3/5/2002, 3/5/2003, 3/5/2004 and 3/5/2005.
Documents
Issuer
ULTICOM, INC
CIK 0001103184
Entity typeother
Related Parties
1- filerCIK 0001251774
Filing Metadata
- Form type
- 4
- Filed
- Dec 2, 7:00 PM ET
- Accepted
- Dec 3, 3:06 PM ET
- Size
- 17.4 KB