Legon Joel 4
4 · COMVERSE TECHNOLOGY INC/NY/ · Filed Mar 15, 2010
Insider Transaction Report
Form 4
COMVERSE TECHNOLOGY INC/NY/CMVT.PK
Legon Joel
Chief Accounting Officer
Transactions
- Award
Common Stock
2010-03-11+24,000→ 44,000 total
Footnotes (3)
- [F1]Represents shares of Comverse Common Stock deliverable in settlement of a deferred stock unit award granted on March 11, 2010, with forty percent (40%) of such shares to vest and be delivered on the first anniversary of the date of grant and thirty percent (30%) of such shares to vest and be delivered on each of the second and third anniversary of the date of grant, subject to accelerated vesting under certain circumstances.
- [F2]Not applicable.
- [F3]Includes 37,333 shares of Comverse Common Stock deliverable in settlement of unvested deferred stock unit awards and 6,667 shares of Comverse Common Stock deliverable in settlement of vested deferred stock unit awards that are subject to deferred delivery.