Comverse, Inc. 4
4 · Comverse, Inc. · Filed Jun 25, 2013
Insider Transaction Report
Form 4
Comverse, Inc.CNSI
Transactions
- Award
Stock Option (right to buy)
2013-06-21+9,766→ 9,766 totalExercise: $29.00Exp: 2023-06-21→ Common Stock (9,766 underlying) - Award
Common Stock
2013-06-21+3,370→ 6,769 total
Footnotes (4)
- [F1]Represents shares of Comverse, Inc. ("Comverse") common stock deliverable in settlement of an award of restricted stock units with 1,123 of such shares to vest and be delivered on June 21 of each of 2014 and 2015 and 1,124 of such shares to vest and be delivered on June 21, 2016.
- [F2]Not applicable.
- [F3]Includes 6,769 shares of Comverse common stock deliverable in settlement of unvested restricted stock unit awards.
- [F4]The stock option vests in three installments with 3,255 shares vesting on June 21 of each of 2014 and 2015 and 3,256 shares vesting on June 21, 2016.