OSBORNE SHAWN 4
4 · ULTICOM INC · Filed Jan 3, 2006
Insider Transaction Report
Form 4
ULTICOM INCULCM
OSBORNE SHAWN
DirectorPresident and CEO
Transactions
- Award
Common Stock
2005-12-29+15,000→ 32,000 total - Award
Employee Stock Option (Right to Buy)
2005-12-29+75,000→ 75,000 totalExercise: $9.84Exp: 2015-12-29→ Common Stock (75,000 underlying)
Footnotes (3)
- [F1]These restricted shares vest 50% on 12/29/07, 25% on 12/29/08 and 25% on 12/29/09.
- [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.
- [F3]These options vest in four equal annual installments beginning on December 29, 2006.