Saksena Vikram R. 4
4 · TELLABS INC · Filed Mar 10, 2010
Insider Transaction Report
Form 4
TELLABS INCTLAB
Saksena Vikram R.
EVP & CTO
Transactions
- Exercise/Conversion
Common Stock
2010-03-08$4.20/sh+45,026$189,109→ 178,010 total - Tax Payment
Common Stock
2010-03-09$7.29/sh−8,032$58,573→ 124,952 total - Exercise/Conversion
Common Stock
2010-03-09$4.20/sh+4,974$20,891→ 137,958 total - Sale
Common Stock
2010-03-09$7.26/sh−4,974$36,131→ 132,984 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2010-03-08−45,026→ 179,974 totalExercise: $4.20From: 2010-01-05Exp: 2019-01-05→ Common Stock (45,026 underlying) - Sale
Common Stock
2010-03-08$7.25/sh−45,026$326,574→ 132,984 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2010-03-09−4,974→ 175,000 totalExercise: $4.20From: 2010-01-05Exp: 2019-01-05→ Common Stock (4,974 underlying)
Footnotes (4)
- [F1]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 30, 2009.
- [F2]This transaction was executed on March 8, 2009 in multiple trades at prices ranging from $7.25 to $7.28. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- [F3]This transaction was executed on March 9, 2009 in multiple trades at prices ranging from $7.25 to $7.28. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- [F4]These options become exercisable in three (3) equal annual installments on each of the 1st, 2nd and 3rd anniversaries of the grant date.