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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Restricted Stock Units | (2) | 05/16/2008 | M | 1,525 | (3) | (3)(4) | Common Stock | 1,525 | $ 5.9 | 2,754 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
McDonald Charles E 17811 WATERVIEW PARKWAY DALLAS, TX 75252 |
Chief Accounting Officer |
/s/ McDonald, Charles E | 05/20/2008 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Pursuant to the terms of the FY 2007 Stock Incentive Plan and Mr. McDonald?s Restricted Stock Unit Agreement, upon a not for cause termination of employment by the Company, any RSUs granted shall vest in a pro rata amount based upon the completed months of vesting service divided by the number of months between the respective grant dates and the corresponding applicable vesting dates. The number of shares shown above were granted to Mr. McDonald as of the date of termination of his employment with the Company. |
(2) | Each restricted stock unit represents a contingent right to receive one share of Intervoice's common stock |
(3) | Vesting will occur in three substantially equal amounts on the third business day following the earnings release for the Company's fiscal quarters ending August 31, 2008, August 31, 2009, and August 31, 2010, provided that Mr. McDonald is continuously employed by or in the service of Intervoice or its Affiliates at each vesting date. |
(4) | The remainder of Mr. McDonald's RSUs will terminate in the absence of a change of control with respect to the Company within 90 days following termination of his employment. |