-----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, ElO82fKe2G6eRExqZSGxFDAbrhQB08Ypethbhbc/FedVWPtkxwz6X8JE0VCWT1p1 xbVn8GAhf7yvZ8r7pL1ZGA== 0000922423-98-000827.txt : 19980812 0000922423-98-000827.hdr.sgml : 19980812 ACCESSION NUMBER: 0000922423-98-000827 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19980720 FILED AS OF DATE: 19980810 SROS: NASD SUBJECT COMPANY: 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: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: SEC FILE NUMBER: 000-15502 FILM NUMBER: 98681149 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 STREET 2: 170 CROSSWAYS PARK DRIVE CITY: WOODBURY STATE: NY ZIP: 11797 COMPANY DATA: COMPANY CONFORMED NAME: VERNIA CARMEL CENTRAL INDEX KEY: 0001067963 STANDARD INDUSTRIAL CLASSIFICATION: [] DIRECTOR FILING VALUES: FORM TYPE: 4 BUSINESS ADDRESS: STREET 1: 12 TOSSEFTA ST STREET 2: TEL AVIV CITY: ISRAEL MAIL ADDRESS: STREET 1: 12 TOSSEFTA ST STREET 2: TEL AVIV CITY: ISRAEL 4 1 FORM 4 - 07/20/98 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 4 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP ( ) Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instructions 1(b). 1. Name and Address of Reporting Person Carmel Vernia Efrat Future Technology Ltd. 23 Haborazel Street Ramat Hachayal Tel Aviv 96710 ISRAEL 2. Issuer Name and Ticker or Trading Symbol Comverse Technology, Inc. -- CMVT 3. IRS or Social Security Number of Reporting Person (Voluntary) 4. Statement for Month/Year 07/98 5. If Amendment, Date of Original (Month/Year) 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) (x) Director ( ) 10% Owner (x) Officer (give title below) ( ) Other (specify below) Chief Operating Officer 7. Individual or Joint/Group Filing (Check Applicable Line) (x) Form filed by One Reporting Person ( ) Form filed by More than One Reporting Person
___________________________________________________________________________________________________________________________________ Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ___________________________________________________________________________________________________________________________________| 1. Title of Security |2. |3. |4.Securities Acquired (A) |5.Amount of |6.Dir |7.Nature of Indirect | | Transaction | or Disposed of (D) | Securities |ect | Beneficial Ownership | | | | | Beneficially |(D)or | | | | | | | A/| | Owned at |Indir | | | Date |Code|V| Amount | D | Price | End of Month |ect(I)| | ___________________________________________________________________________________________________________________________________| - ----------------------------------------------------------------------------------------------------------------------------------| |7/20/ | | | | | | | | | Common Stock | 98 | M | | 7,000 | A | $10.00 | 168,750 | D | | - -----------------------------------------------------------------------------------------------------------------------------------| |7/21/ | | | | | | | | | Common Stock | 98 | M | | 24,600 | A | $10.00 | | D | | - -----------------------------------------------------------------------------------------------------------------------------------| |7/22/ | | | | | | | | | Common Stock | 98 | M | | 18,400 | A | $10.00 | | D | | - -----------------------------------------------------------------------------------------------------------------------------------| |7/20/ | | | | | | | | | Common Stock | 98 | S | | 5,000 | D | $55.925 | | D | | - -----------------------------------------------------------------------------------------------------------------------------------| |7/20/ | | | | | | | | | Common Stock | 98 | S | | 2,000 | D | $55.75 | | D | | - -----------------------------------------------------------------------------------------------------------------------------------| |7/21/ | | | | | | | | | Common Stock | 98 | S | | 10,000 | D | $55.78125 | | D | | - -----------------------------------------------------------------------------------------------------------------------------------| |7/21/ | | | | | | | | | Common Stock | 98 | S | | 2,000 | D | $55.75 | | D | | - -----------------------------------------------------------------------------------------------------------------------------------| |7/21/ | | | | | | | | | Common Stock | 98 | S | | 1,000 | D | $55.875 | | D | | - -----------------------------------------------------------------------------------------------------------------------------------| |7/21/ | | | | | | | | | Common Stock | 98 | S | | 2,500 | D | $55.9375 | | D | | - -----------------------------------------------------------------------------------------------------------------------------------| |7/21/ | | | | | | | | | Common Stock | 98 | S | | 2,000 | D | $56.00 | | D | | - -----------------------------------------------------------------------------------------------------------------------------------| |7/21/ | | | | | | | | | Common Stock | 98 | S | | 3,000 | D | $56.375 | | D | | - -----------------------------------------------------------------------------------------------------------------------------------| |7/21/ | | | | | | | | | Common Stock | 98 | S | | 1,600 | | $57.00 | | D | | - -----------------------------------------------------------------------------------------------------------------------------------| |7/21/ | | | | | | | | | Common Stock | 98 | S | | 2,500 | | $56.50 | | D | | - -----------------------------------------------------------------------------------------------------------------------------------| |7/22/ | | | | | | | | | Common Stock | 98 | S | | 7,500 | | $54.75 | | D | | - -----------------------------------------------------------------------------------------------------------------------------------| |7/22/ | | | | | | | | | Common Stock | 98 | S | | 2,500 | | $54.50 | | D | | - -----------------------------------------------------------------------------------------------------------------------------------| |7/22/ | | | | | | | | | Common Stock | 98 | S | | 3,400 | | $54.50 | | D | | - -----------------------------------------------------------------------------------------------------------------------------------| |7/22/ | | | | | | | | | Common Stock | 98 | S | | 2,500 | | $54.75 | | D | | - -----------------------------------------------------------------------------------------------------------------------------------| |7/22/ | | | | | | | | | Common Stock | 98 | S | | 2,500 | | $55.00 | | D | | - -----------------------------------------------------------------------------------------------------------------------------------| ___________________________________________________________________________________________________________________________________| ___________________________________________________________________________________________________________________________________ Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned | ___________________________________________________________________________________________________________________________________| 1.Title of Derivative |2.Con- |3. |4. |5.Number of De |6.Date Exer|7.Title and Amount |8.Price|9.Number |10.|11.Nature of| Security |version |Transaction | rivative Secu |cisable and| of Underlying |of Deri|of Deriva |Dir|Indirect | |or Exer | | | rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial | |cise | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership | |Price of| | | posed of(D) |Day/Year) | |rity |Benefi |or | | |Deriva- | | | |Date |Expir| | |ficially |Ind| | |tive | | | | A/|Exer-|ation| Title and Number | |Owned at |ire| | |Secu- | | | | | D |cisa-|Date | of Shares | |End of |ct | | |rity |Date |Code|V| Amount | |ble | | | |Month |(I)| | ___________________________________________________________________________________________________________________________________| | | | | | | | | | | | | | | | Employee Stock Option | | | | | | | | | Common | 7,000 | | 168,750 | D | | (right to buy) | $10.00 |7/20/| M | | 7,000 | D | (1) |9/22/| Stock | | | | | | | | 98 | | | | | | 04 | | | | | | | | | | | | | | | | | | | | | | ___________________________________________________________________________________________________________________________________| | | | | | | | | | | | | | | | Employee Stock Option | | | | | | | | | Common |24,600 | | | D | | (right to buy) | $10.00 |7/21/| M | | 24,600 | D | (1) |9/22/| Stock | | | | | | | | 98 | | | | | | 04 | | | | | | | | | | | | | | | | | | | | | | ___________________________________________________________________________________________________________________________________| | | | | | | | | | | | | | | | Employee Stock Option | | | | | | | | | Common |18,400 | | | D | | (right to buy) | $10.00 |7/22/| M | |18,400 | D | (1) |9/22/| Stock | | | | | | | | 98 | | | | | | 04 | | | | | | | | | | | | | | | | | | | | | | ___________________________________________________________________________________________________________________________________|
Explanation of Responses: (1) Became exerciseable incrementally at various vesting dates. SIGNATURE OF REPORTING PERSON /s/Carmel Vernia - ----------------- Carmel Vernia DATE 08/10/98 -----END PRIVACY-ENHANCED MESSAGE-----