-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, DWPePMvKB03L/sYprkDgKEPj0XuNQSJGLpcBfXxZTc9qs76N9uxgyX4FBzKv5NS1 Lfa70FPQVRWFzXqmAWtETQ== 0000909518-06-000700.txt : 20060718 0000909518-06-000700.hdr.sgml : 20060718 20060718142247 ACCESSION NUMBER: 0000909518-06-000700 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20060714 FILED AS OF DATE: 20060718 DATE AS OF CHANGE: 20060718 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: COMVERSE TECHNOLOGY INC/NY/ CENTRAL INDEX KEY: 0000803014 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE & TELEGRAPH APPARATUS [3661] IRS NUMBER: 133238402 STATE OF INCORPORATION: NY FISCAL YEAR END: 0131 BUSINESS ADDRESS: STREET 1: 170 CROSSWAYS PARK DR CITY: WOODBURY STATE: NY ZIP: 11797 BUSINESS PHONE: 5166777200 MAIL ADDRESS: STREET 1: 170 CROSSWAYS PARK DRIVE CITY: WOODBURY STATE: NY ZIP: 11797 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: ALON RAZ CENTRAL INDEX KEY: 0001272638 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-15502 FILM NUMBER: 06966906 BUSINESS ADDRESS: STREET 1: 170 CROSSWAYS PARK DR CITY: WOODBURY STATE: NY ZIP: 11797 BUSINESS PHONE: 5166777201 4 1 alon7-1806_form4ex.xml X0202 4 2006-07-14 0 0000803014 COMVERSE TECHNOLOGY INC/NY/ CMVT 0001272638 ALON RAZ C/O COMVERSE TECHNOLOGY, INC. 909 THIRD AVENUE NEW YORK NY 10022 1 1 0 0 Chief Executive Officer Deferred Stock Award (units) 2006-07-14 4 A 0 40000 0 A Common Stock 40000 40000 D Each unit of the Deferred Stock Award represents a contingent right to receive one share of Comverse Common Stock. Due to set character number limitations please see Exhibit 99.1 - Footnote attached hereto and made part of this filing. Not applicable. /*/ Raz Alon 2006-07-18 EX-99 2 alon7-1806_form4e99.txt EXPLANATION TO RESPONSES Exhibit 99.1 Footnote -------- (2) Units representing the Deferred Stock Award shall vest in the following increments, unless Mr. Alon's continuous service with Comverse or a subsidiary or parent company has terminated prior to such vesting date: 80% on April 30, 2007, 15% on April 30, 2008 and 5% on July 14, 2009, subject to acceleration of vesting in certain circumstances. If Mr. Alon's employment as Chief Executive Officer is terminated prior to April 30, 2007 by the Company other than for cause or by Mr. Alon for good reason, the units representing the Deferred Stock Award shall vest as follows: 25% on the date of termination of employment, 55% on April 30, 2007, 15% on April 30, 2008 and 5% on July 14, 2009, subject to acceleration of vesting in certain circumstances. Shares (or, at the Company's election, cash in lieu of such shares) will be delivered in settlement of the portion of the Deferred Stock Award vesting on or before April 30, 2007 at the earlier of (a) the business day after the first date during 2008 on which the shares in settlement of the Deferred Stock Award are registered under a registration statement on Form S-8 and (b) December 31, 2008, and with respect to the portions of the Deferred Stock Award vesting after April 30, 2007, the applicable vesting date. -----END PRIVACY-ENHANCED MESSAGE-----