COMVERSE TECHNOLOGY INC/NY/ 4
4 · COMVERSE TECHNOLOGY INC/NY/ · Filed Jun 27, 2005
Insider Transaction Report
Form 4
DANZIGER ITSIK
Director
Transactions
- Exercise/Conversion
Common Stock
2005-06-23$10.52/sh+100,000$1,052,000→ 100,000 total - Sale
Common Stock
2005-06-23$25.27/sh−100,000$2,527,000→ 0 total - Exercise/Conversion
Stock Option (Right to Buy)
2005-06-23−100,000→ 62,375 totalExercise: $10.52Exp: 2010-11-30→ Common Stock (100,000 underlying)
Footnotes (2)
- [F1]This stock option (for 170,000 shares) vested as follows: 106,250 shares on June 23, 2003, 10,625 shares on August 30, 2003 and the remaining 53,125 shares vested quarterly between November 30, 2003 and November 30, 2004, at which time this stock option was fully vested.
- [F2]The zero ("0") in this column is solely for the purpose of permitting the use of a descriptive footnote stating that the price is not applicable.