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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
915324	Telular Corp	WRLS	Radio & Tv Broadcasting & Communications Equipment (3663)	363885440

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1395371	Joseph Beatty	311 South Wacker Dr. Suite 4300 Chicago IL 60606-6622	Chief Executive Officer	No	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Telular Common Stock	Disposition	2012-11-30	7,770	$10.06	88,423	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Restricted Stock Units	Acquisiton	2012-11-30	319	$9.93	319	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
26,722			No	4	A	Direct

Footnotes

The restricted stock units were credited to the Reporting Person pursuant to dividend equivalent rights included in restricted stock units held by the Reporting Person on November 30, 2012, the date on which Telular paid a dividend on its common stock.
These restricted stock units will vest 78% on 9/30/13 and 22% on 9/30/14. They may be converted into Telular common stock on a one-for-one basis on the vesting dates provided that the Reporting Person is still employeed by Telular on the vesting dates.
This transaction was executed in multiple trades at prices ranging from $10.0305 to $10.0722. The price reported above reflects the weighted average selling price for shares sold by the Reporting Person. The Reporting Person hereby undertakes to provide upon request by the SEC staff, Telular or any security holder of Telular full information regarding the number of shares sold at each separate price.