UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 144
NOTICE OF PROPOSED SALE OF SECURITIES
PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
SEC USE ONLY
DOCUMENT SEQUENCE NO.
CUSIP NUMBER
WORK LOCATION
NOTICE OF PROPOSED SALE OF SECURITIES
PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
ATTENTION:
Transmit for filing 3 copies of this form concurrently with either placing
an order with a broker to execute sale or executing a sale directly
with a market maker.
1(a) NAME OF ISSUER (Please type or print)
Tekelec
(b) IRS IDENT. NO.
95-2746131
(c) S.E.C. FILE NO.
000-15135
1(d) ADDRESS OF ISSUER: 5200 Paramount Parkway Morrisville NC 27560
(e) TELEPHONE NUMBER: 919-460-5500
2(a) NAME OF PERSON FOR WHOSE ACCOUNT THE SECURITIES ARE TO BE SOLD
Wolrad Claudy
(b) RELATIONSHIP TO ISSUER: Officer
(c) ADDRESS: c/o Tekelec, 5200 Paramount Parkway, Morrisville, NC 27560
INSTRUCTION: The person filing this notice should contact the issuer to
obtain the I.R.S. Identification Number and the S.E.C. File Number.
3(a) Title of the Class of Securities To Be Sold
Common Stock
(b) Name and Address of Each Broker Through Whom the Securities
are to be Offered or Each Market Maker who is Acquiring the Securities
E*Trade Financial
4005 Windward Plaza Drive
Alpharetta, GA 30005
SEC USE ONLY
Broker-Dealer File Number:
(c) Number of Shares or Other Units To Be Sold: 18,886
(d) Aggregate Market Value: $347,502.40 (03/15/2010)
(e) Number of Shares or Other Units Outstanding: 67,439,020
(f) Approximate Date of Sale: 03/16/2010
(g) Name of Each Securities Exchange: NASDAQ
INSTRUCTIONS:
1. (a) Name of issuer
(b) Issuer's I.R.S. Identification Number
(c) Issuer's S.E.C. file number, if any
(d) Issuer's address, including zip code
(e) Issuer's telephone number, including area code
2. (a) Name of person for whose account the securities are to be sold
(b) Such person's relationship to the issuer (e.g., officer, director,
10% stockholder, or member of immediate family of any of the foregoing)
(c) Such person's address, including zip code
3. (a) Title of the class of securities to be sold
(b) Name and address of each broker through whom the securities
are intended to be sold
(c) Number of shares or other units to be sold (if debt securities,
give the aggregate face amount)
(d) Aggregate market value of the securities to be sold as of a
specified date within 10 days prior to the filing of this notice
(e) Number of shares or other units of the class outstanding,
or if debt securities the face amount thereof outstanding, as shown by
the most recent report or statement published by the issuer
(f) Approximate date on which the securities are to be sold
(g) Name of each securities exchange, if any, on which the securities
are intended to be sold
TABLE I - SECURITIES TO BE SOLD
Furnish the following information with respect to the acquisition of the
securities to be sold and with respect to the payment of all or any part
of the purchase price or other consideration therefor:
Title of the Class: Common Stock
Date you Acquired: 03/16/10
Nature of Acquisition Transaction: Exercised Stock Options (1)
Name of Person from Whom Acquired (if gift, also give date donor acquired):
Issuer
Amount of Securities Acquired: 17,500
Date of Payment: 03/16/10
Nature of Payment: Cash
Title of the Class: Common Stock
Date you Acquired: 03/16/10
Nature of Acquisition Transaction: Exercise of Share Appreciation
Rights (Remark #1)
Name of Person from Whom Acquired (if gift, also give date donor acquired):
Issuer
Amount of Securities Acquired: 1,386
Date of Payment: (Remark #2)
Nature of Payment: (Remark #2)
INSTRUCTIONS: If the securities were purchased and full payment therefor
was not made in cash at the time of purchase, explain in the table or
in a note thereto the nature of the consideration given. If the
consideration consisted of any note or other obligation, or if payment
was made in installments describe the arrangement and state when the
note or other obligation was discharged in full or the last installment
paid.
TABLE II - SECURITIES SOLD DURING THE PAST 3 MONTHS
Furnish the following information with respect to the acquisition of the
securities to be sold and with respect to the payment of all or any part
of the purchase price or other consideration therefor:
Name and Address of Seller:
Wolrad Claudy
c/o Tekelec
5200 Paramount Parkway
Morrisville, NC 27650
Title of Securities Sold: Common Stock
Date of Sale: 02/19/10
Amount of Securities Sold: 5,000
Gross Proceeds: $84,109.50
REMARKS:
(1) Shares acquired are registered under a Registration Statement on
Form S-8. Cashless exercise pursuant to which price of shares acquired was
paid from sale of certain such shares.
(2)The shares were acquired upon exercise of share appreciation rights
granted under the Issuer's Amended and Restated 2004 Equity Incentive Plan;
no cash payment was required.
Amendment to Form 144 dated 03/16/10. This Amendment is being filed to correct
(i) the Number of Shares To Be Sold and the Aggregate Market Value on Side 1,
Items 3(c) and 3(d); and (ii) the Amount of Securities Acquired on Side 2,
Table I, Line 2.
INSTRUCTIONS: See the definition of "person" in paragraph (a) of Rule 144.
Information is to be given not only as to the person for whose account
the securities are to be sold but also as to all other persons included
in that definition. In addition, information shall be given as to sales
by all persons whose sales are required by paragraph (e) of Rule 144
to be aggregated with sales for the account of the person filing this
notice.
ATTENTION: The person for whose account the securities to which this
notice relates are to be sold hereby represents by signing this notice
that he does not know any material adverse information in regard to the
current and prospective operations of the Issuer of the securities to
be sold which has not been publicly disclosed. If each person has
adopted a written trading plan or given trading instructions to satisfy
Rule 10b5-1 under the Exchange Act, by singing the form and indicating
the date that the plan was adopted or the instruction given, that person
makes such representation as of the plan adoption or instruction date.
DATE OF NOTICE: March 19, 2010
/s/ Wolrad Claudy
____________________
Wolrad Claudy
(SIGNATURE)
DATE OF PLAN ADOPTION OR GIVING OF INSTRUCTION,
IF RELYING ON RULE 10B5-1:
The notice shall be signed by the person for whose account the securities
are to be sold. At least one copy of the notice shall be manually signed.
Any copies not manually signed shall bear typed or printed signatures.
ATTENTION: Intentional misstatements or omission of facts constitute
Federal Criminal Violations (See 18 U.S.C. 1001)
SM01DOCS\667695.1 SEC 1147 (08-07)
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SM01DOCS667695.1 SEC 1147 (04-07)