Filing Details

Accession Number:
0000790705-10-000100
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-03-12 12:00:00
Reporting Period:
2010-03-12
Filing Date:
2010-03-12
Accepted Time:
2010-03-12 17:07:00
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
790705 Tekelec TKLC Radio & Tv Broadcasting & Communications Equipment (3663) 952746131
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1334106 J Ronald Lange De C/O Tekelec
5200 Paramount Parkway
Morrisville NC 27560
Evp Global Product Solutions No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2010-03-12 62,500 $17.80 87,528 No 4 M Direct
Common Stock Disposition 2010-03-12 62,500 $18.51 25,028 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Employee Stock Option (right to buy) Disposition 2010-03-12 62,500 $0.00 62,500 $17.80
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
137,500 No 4 M Direct
Footnotes
  1. This transaction effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 17, 2009.
  2. This transaction was executed in multiple trades at prices ranging from $18.50 to $18.51. The price reported reflects the weighted average sale price. The Reporting Person has provided to the Issuer and will provide to any shareholder of the Issuer, or to the SEC Staff, upon request, information regarding the number of shares sold at each price within the range.
  3. Option to purchase 200,000 shares vested and became exercisable as to 50,000 shares on the one-year anniversary of the grant date and the remaining 150,000 shares vested and became exercisable in 12 equal quarterly installments commencing 12/31/06. Option is exercisable as to each installment of vested shares for a period of four years following the vesting date.