Comverse, Inc. 4
4 · Comverse, Inc. · Filed Jun 29, 2015
Insider Transaction Report
Form 4
Comverse, Inc.CNSI
Transactions
- Tax Payment
Common Stock
2015-06-25$21.12/sh−640$13,517→ 15,314 total - Award
Common Stock
2015-06-26+7,271→ 22,585 total - Award
Stock option (right to buy)
2015-06-26+19,815→ 19,815 totalExercise: $20.68Exp: 2025-06-26→ Common Stock (19,815 underlying)
Footnotes (6)
- [F1]Shares of Comverse common stock purchased by Comverse to cover tax liabilities in connection with the delivery of shares in settlement of one-third (1/3) of a restricted stock unit award issued on June 25, 2014.
- [F2]Includes 6,212 shares of Comverse common stock deliverable in settlement of unvested restricted stock unit awards
- [F3]Represents shares of Comverse common stock deliverable in settlement of an award of restricted stock units with 2,424 of such shares to vest and be delivered on each of June 26, 2016 and 2017 and 2,423 of such shares to vest and be delivered on June 26, 2018.
- [F4]Not applicable.
- [F5]Includes 13,483 shares of Comverse common stock deliverable in settlement of unvested restricted stock unit awards.
- [F6]The stock option vests in three equal installments on each of June 26, 2016, 2017 and 2018.