Mace Richard E 4
4 · TEKELEC · Filed Oct 15, 2004
Insider Transaction Report
Form 4
TEKELECTKLC
Mace Richard E
EVP Global Bus Group Oper.
Transactions
- Award
Restricted Stock Units
2004-10-14+34,478→ 34,478 totalFrom: 2005-10-14Exp: 2005-10-14→ Common Stock (34,478 underlying) - Award
Employee Stock Option (right to buy)
2004-10-14+200,000→ 200,000 totalExercise: $17.38→ Common Stock (200,000 underlying)
Holdings
- 0
Common Stock
Footnotes (3)
- [F1]Option to purchase 200,000 shares vests and becomes exercisable in 16 equal quarterly installments commencing 03/31/05. Option is exercisable as to each installment of vested shares for a period of four years following the vesting date.
- [F2]Restricted Stock Unit converts to Common Stock on a one-for-one basis.
- [F3]Each Restricted Stock Unit represents the right to receive one share of Tekelec Common Stock to be issued and delivered at the end of a one-year vesting period following the date of grant.