TELULAR CORP 4
4 · TELULAR CORP · Filed Jun 24, 2013
Insider Transaction Report
Form 4
TELULAR CORPWRLS
McCarthy Brian
Director
Transactions
- Disposition to Issuer
Stock Options (right to buy)
2013-06-24$6.15/sh−2,252$13,850→ 26,458 totalExercise: $6.15From: 2007-10-31Exp: 2017-10-31→ Common Stock (2,252 underlying) - Disposition to Issuer
Stock Options (right to buy)
2013-06-24$3.95/sh−26,458$104,509→ 0 totalExercise: $3.95From: 2008-09-30Exp: 2018-02-05→ Common Stock (26,458 underlying) - Disposition from Tender
Common Stock
2013-06-24$12.61/sh−8,359$105,407→ 0 total - Disposition to Issuer
Restricted Stock Units
2013-06-24−56,009→ 0 total→ Common Stock (56,009 underlying)
Footnotes (4)
- [F1]Disposed of pursuant to the Agreement and Plan of Merger dated April 29, 2013 between Telular Corporation, ACP Tower Holdings,LLC and ACP Tower Merger Sub, Inc. The Reporting person will receive the difference between $12.61 and the respective exercise price per option.
- [F2]Each restricted stock unit ("RSU") represents a contingent right to receive one share of Telular common stock.
- [F3]51,209 RSUs are fully vested and 4,800 would have vestedon January 31, 2014. All RSUs may be converted into Teluar common stock on a one-for-one basis upon either a change in control or on the date service as a director ends.
- [F4]Disposed of pursuant to the Agreement and Plan of Merger under which all RSUs, vested and unvested, were canceled and converted into rights to receive, in cash, $12.61 per unit.