X0304 4 2012-01-27 1 0000790705 TEKELEC TKLC 0001520610 Courtois Jean-Yves C/O TEKELEC 5200 PARAMOUNT PARKWAY MORRISVILLE NC 27560 1 0 0 0 Common Stock 0 D Restricted Stock Units 2012-01-27 4 D 0 8000 11.00 D Common Stock 8000 0 D Restricted Stock Units 2012-01-27 4 D 0 10000 11.00 D Common Stock 10000 0 D Restricted Stock Units convert to Tekelec Common Stock on a one-for-one basis. Pursuant to the Agreement and Plan of Merger dated as of November 6, 2011 by and among the issuer, Titan Private Holdings I, LLC and Titan Private Acquisition Corp. (the "Merger Agreement"), at the effective time of the merger, the restricted stock units became fully vested, and each restricted stock unit was canceled in exchange for a cash payment of $11.00. The restricted stock units were scheduled to vest on the earlier of (i) May 13, 2012, (ii) the day immediately preceding the date of the issuer's 2012 Annual Meeting of Shareholders, or (iii) a change in control of the issuer. Pursuant to the Merger Agreement, at the effective time of the merger, the restricted stock units became fully vested, and each restricted stock unit was canceled in exchange for a cash payment of $11.00. The restricted stock units were scheduled to vest in three equal annual installments commencing on May 13, 2012. /s/ Jean-Yves Courtois 2012-01-27