Saksena Vikram R. 4
4 · TELLABS INC · Filed Mar 10, 2011
Insider Transaction Report
Form 4
TELLABS INCTLAB
Saksena Vikram R.
EVP & CTO
Transactions
- Award
Common Stock
2011-03-08+29,625→ 295,543 total - Tax Payment
Common Stock
2011-03-09$5.24/sh−8,032$42,088→ 284,376 total - Tax Payment
Common Stock
2011-03-08$5.30/sh−3,135$16,616→ 292,408 total
Footnotes (1)
- [F1]This award is a Performance Stock Unit (PSU) award granted March 8, 2010. The number of PSUs was calculated based on the number of shares earned as a result of 2010 performance, the target was exceeded and 125% of PSUs were earned and 1.25 shares for each PSU of the granted award was paid out. This PSU award vests in equal annual installments through March 8, 2013, subject to continued employment through such date.