McCarthy Brian 4
4 · TELULAR CORP · Filed May 23, 2012
Insider Transaction Report
Form 4
TELULAR CORPWRLS
McCarthy Brian
Director
Transactions
- Award
Restricted Stock Units
2012-05-22$7.41/sh+804$5,958→ 54,972 total→ Common Stock (804 underlying)
Footnotes (2)
- [F1]The restricted stock units were credited to the Reporting Person pursuant to dividend equivalent rights included in restricted stock units held by the Reporting Person on May 22, 2012, the date on which Telular paid a dividend on its common stock.
- [F2]Each restricted stock unit represents a contingent right to receive one share of Telular common stock. The restricted stock unit may be converted into Telular common stock on a one-for-one basis upon either a change in control or on the date service as a director ends.