X0202 4 2006-11-14 0000790705 TEKELEC TKLC 0001236881 BUCKLY RONALD W C/O TEKELEC 5200 PARAMOUNT PARKWAY MORRISVILLE NC 27560 0 1 0 0 Senior V.P. (see Remarks) Common Stock 2006-11-14 4 M 0 11250 8.54 A 29868 D Common Stock 2006-11-16 4 S 0 4050 15.90 D 25818 D Common Stock 2006-11-16 4 S 0 200 15.91 D 25618 D Stock Option (right to buy) 8.54 2006-11-14 4 M 0 11250 0 D 2011-03-31 Common Stock 11250 7500 D Option to purchase 60,000 shares vests and becomes exercisable in 16 equal quarterly installments commencing 06/30/2003. Option is exercisable as to each installment of vested shares for a period of four years following the vesting date. Reporting Person is an Officer of the Issuer and his full title is: Senior Vice President, Corporate Affairs, General Counsel and Corporate Secretary. Ronald W. Buckly 2006-11-16