Khan Rizwan 4
4 · TELLABS INC · Filed Feb 28, 2012
Insider Transaction Report
Form 4
TELLABS INCTLAB
Khan Rizwan
EVP, Global Marketing
Transactions
- Tax Payment
Common Stock
2012-02-24$3.99/sh−3,565$14,224→ 163,464 total - Award
Common Stock
2012-02-24+11,373→ 167,029 total - Tax Payment
Common Stock
2012-02-24$3.99/sh−1,351$5,390→ 162,113 total - Award
Common Stock
2012-02-24+28,340→ 190,453 total - Award
Non-Qualified Stock Option (right to buy)
2012-02-24+76,820→ 76,820 totalExercise: $3.99From: 2013-02-24Exp: 2022-02-24→ Common Stock (76,820 underlying)
Footnotes (3)
- [F1]This award is a Performance Stock Unit (PSU) award granted February 24, 2011. The number of PSUs was calculated based on the number of shares earned as a result of 2011 performance, 50% of PSUs were earned and 0.5 shares for each PSU of the granted award was paid out. This PSU award vests in equal annual installments through February 24, 2014, subject to continued employment through such date.
- [F2]All shares underlying this Restricted Stock Unit award become exercisable in three (3) equal annual installments on each of the 1st, 2nd and 3rd anniversaries of the grant date.
- [F3]These options become exercisable in three (3) equal annual installments on each of the 1st, 2nd and 3rd anniversaries of the grant date.