SEC Form 4 · accession 0001140361-15-025881
XURA, INC. · MESG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Philippe Tartavull
Officer — President and CEO · Director
Period of report
Jun 25, 2015
Accepted (ET)
Jun 29, 2015 · 8:22 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001549872
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Jun 25, 2015 | F | 5,726 | $21.12 | D | 115,984 | D | |
| Common StockF4,F5 | Jun 26, 2015 | A | 60,591 | — | A | 176,575 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock option (right to buy)F4,F6 | $20.68 | Jun 26, 2015 | A | 165,125 | A | — | Jun 26, 2025 | Common Stock | 165,125 | 165,125 | D |
Explanation of responses
- F1Shares of Comverse common stock purchased by Comverse to cover tax liabilities in connection with the delivery of shares in settlement of one-third (1/3) of a restricted stock unit award issued on June 25, 2014.
- F2Includes 47,007 shares of Comverse common stock deliverable in settlement of unvested restricted stock unit awards
- F3Represents shares of Comverse common stock deliverable in settlement of an award of restricted stock units with 20,197 of such shares to vest and be delivered on each of June 26, 2016, 2017 and 2018.
- F4Not applicable.
- F5Includes 107,598 shares of Comverse common stock deliverable in settlement of unvested restricted stock unit awards.
- F6The stock option vests in three installments with 55,042 shares vesting on each of June 26, 2016 and 2017 and 55,041 shares vesting on June 26, 2018.