X0304 4 2012-01-27 1 0000790705 TEKELEC TKLC 0001224148 Mills Carol C/O TEKELEC 5200 PARAMOUNT PARKWAY MORRISVILLE NC 27560 1 0 0 0 Common Stock 2012-01-27 4 D 0 24000 11.00 D 0 D Restricted Stock Units 2012-01-27 4 D 0 8000 11.00 D Common Stock 8000 0 D 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, each share of Tekelec Common Stock was canceled in exchange for a cash payment of $11.00 per share. Restricted Stock Units convert to Tekelec Common Stock on a one-for-one basis. 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 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. /s/ Carol Mills 2012-01-27