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4//SEC Filing

Johnston James 4

Accession 0001352784-10-000002

CIK 0001103184other

Filed

Dec 2, 7:00 PM ET

Accepted

Dec 3, 2:47 PM ET

Size

17.4 KB

Accession

0001352784-10-000002

Insider Transaction Report

Form 4
Period: 2010-12-03
Johnston James
Sr. VP-Operations
Transactions
  • Disposition to Issuer

    Common Stock

    2010-12-03$2.33/sh24,137$56,2390 total
  • Disposition to Issuer

    Stock Options

    2010-12-03$0.31/sh2,501$7750 total
    Exercise: $2.02Exp: 2012-06-25Common Stock (0 underlying)
  • Disposition to Issuer

    Stock Options

    2010-12-037,5010 total
    Exercise: $14.82Exp: 2013-06-26Common Stock (0 underlying)
  • Disposition to Issuer

    Stock Options

    2010-12-037,5000 total
    Exercise: $19.34Exp: 2014-07-09Common Stock (0 underlying)
  • Disposition to Issuer

    Stock Options

    2010-12-036,2500 total
    Exercise: $54.19Exp: 2011-03-05Common Stock (0 underlying)
  • Disposition to Issuer

    Stock Options

    2010-12-035,0000 total
    Exercise: $15.30Exp: 2015-12-29Common Sstock (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.

Issuer

ULTICOM, INC

CIK 0001103184

Entity typeother

Related Parties

1
  • filerCIK 0001352784

Filing Metadata

Form type
4
Filed
Dec 2, 7:00 PM ET
Accepted
Dec 3, 2:47 PM ET
Size
17.4 KB