PULLEN ROBERT W 4
4 · TELLABS INC · Filed Feb 28, 2012
Insider Transaction Report
Form 4
TELLABS INCTLAB
PULLEN ROBERT W
DirectorPresident & CEO
Transactions
- Award
Common Stock
2012-02-24+70,500→ 836,574 total - Tax Payment
Common Stock
2012-02-24$3.99/sh−9,852$39,309→ 826,722 total - Tax Payment
Common Stock
2012-02-24$3.99/sh−7,390$29,486→ 819,332 total - Award
Common Stock
2012-02-24+125,313→ 944,645 total - Award
Non-Qualified Stock Option (right to buy)
2012-02-24+382,555→ 382,555 totalExercise: $3.99From: 2013-02-24Exp: 2022-02-24→ Common Stock (382,555 underlying)
Holdings
- 13,826(indirect: By Managed Account)
Common Stock
Footnotes (4)
- [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]Held through the Tellabs 401(k) Plan.
- [F4]These options become exercisable in three (3) equal annual installments on each of the 1st, 2nd and 3rd anniversaries of the grant date.