X0303 4 2010-12-03 1 0001103184 ULTICOM, INC ULCM 0001476011 McArdle James C/O ULTICOM, INC. 1020 BRIGGS ROAD MT. LAUREL NJ 08054 0 1 0 0 Senior VP, Worldwide Sales Common Stock 2010-12-03 4 D 0 24306 2.33 D 0 D Stock Options 2.02 2010-12-03 4 D 0 3125 .31 D 2012-06-25 Common Stock 0 0 D Stock Options 14.82 2010-12-03 4 D 0 7500 0 D 2013-06-26 Common Stock 0 0 D Stock Options 19.34 2010-12-03 4 D 0 7500 0 D 2014-07-09 Common Stock 0 0 D Stock Options 13.46 2010-12-03 4 D 0 5000 0 D 2011-12-19 Common Stock 0 0 D On October 12, 2010, Ulticom, Inc. ("Ulticom"), Utah Intermediate Holding Corporation and Utah Merger Corporation ("Merger Sub") entered into a merger agreement (the "Merger Agreement") which provided for a merger in which Merger Sub will merge with and into Ulticom with Ulticom as the surviving corporation (the "Merger"). At the effective time on December 3, 2010, each issued and outstanding share of Ulticom common stock was cancelled and converted into the right to receive $2.33 in cash. Pursuant to the terms of the Merger Agreement, these options were cancelled and converted into the right to receive a cash payment in an amount equal to the excess of (1) the merger consideration over (2) the exercise price ($2.33 - $2.02 = $0.31 per share). Pursuant to the terms of the Merger Agreement, these options were cancelled because the exercise price was greater than the merger consideration of $2.33 per share. These options vested in four equal installments on 6/25/2003, 6/25/2004, 6/25/2005 and 6/25/2006. These options vested in four equal installments on 6/26/2004, 6/26/2005, 6/26/2006 and 6/26/2007. These options vested in four equal installments on 7/9/2005, 7/9/2006, 7/9/2007 and 7/9/2008. These options vested in four equal installments on 9/19/2002, 9/19/2003, 9/19/2004 and 9/19/2005. /s/Dawn Branin, as Attorney-in-Fact for James McArdle 2010-12-03