Filing Details

Accession Number:
0000790705-10-000115
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-05-11 13:00:00
Reporting Period:
2010-05-07
Filing Date:
2010-05-11
Accepted Time:
2010-05-11 21:31:44
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
1247740 Franco Plastina C/O Tekelec
5200 Paramount Parkway
Morrisville NC 27560
President & Ceo Yes 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 2010-05-07 22,500 $0.00 197,933 No 4 M Direct
Common Stock Disposition 2010-05-07 9,552 $14.59 188,381 No 4 F Direct
Common Stock Disposition 2010-05-11 7,200 $14.90 181,181 No 4 S Direct
Common Stock Disposition 2010-05-11 300 $14.92 180,881 No 4 S Direct
Common Stock Acquisiton 2010-05-11 100,000 $11.96 280,881 No 4 M Direct
Common Stock Disposition 2010-05-11 79,153 $15.11 201,728 No 4 D Direct
Common Stock Disposition 2010-05-11 8,849 $15.11 192,879 No 4 F Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 F Direct
No 4 S Direct
No 4 S Direct
No 4 M Direct
No 4 D Direct
No 4 F Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Restricted Stock Units Disposition 2010-05-07 22,500 $0.00 22,500 $0.00
Common Stock Share Appreciation Rights Disposition 2010-05-11 100,000 $0.00 100,000 $11.96
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
22,500 2010-05-07 2010-05-07 No 4 M Direct
500,000 2012-11-08 No 4 M Direct
Footnotes
  1. Shares were withheld to pay withholding taxes applicable to the acquisition of shares of Common Stock upon the vesting of Restricted Stock Units ("RSUs").
  2. This transaction effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 13, 2009.
  3. Shares otherwise issuable upon exercise of SARs were withheld to pay applicable taxes.
  4. Each RSU converts to Common Stock on a one-for-one basis.
  5. RSUs vested on 05/07/10 as to 22,500 shares which (subject to the withholding of shares to pay withholding taxes) were issued on that date.
  6. Share Appreciation Rights to purchase 1,000,000 shares vested and became exercisable as to 250,000 shares on 2/6/07, and the remaining shares vest and become exercisable in 12 equal quarterly installments of 62,500 shares each commencing on 6/30/07. Upon exercise, the Share Appreciation Rights are settled in shares of Tekelec Common Stock.