FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Expires: February 28, 2011
Estimated average burden
hours per response... 0.5
                      
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(f) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Yannantuono Daniel Joseph Jr 		2. Issuer Name and Ticker or Trading Symbol

UniTek Global Services, Inc. [ UNTK ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
CEO, DirectSat USA, LLC
(Last)          (First)          (Middle)

C/O UNITEK GLOBAL SERVICES, INC.,, 1777 SENTRY PARKWAY WEST 		3. Date of Earliest Transaction (MM/DD/YYYY)

1/10/2011
(Street)

BLUE BELL, PA 19422
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 		2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8) 		4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 		2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 7. Title and Amount of Securities Underlying Derivative Security
(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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (right to buy)   $56.00   1/10/2011     D         5239   (1)     (2) 9/27/2017   Common Stock   5239     (1) 0   D    
Stock Option (right to buy)   $56.00   1/10/2011     D         1165   (1)     (2) 6/1/2018   Common Stock   1165     (1) 0   D    
Stock Option (right to buy)   $56.00   1/10/2011     D         108   (1)     (2) 11/15/2019   Common Stock   108     (1) 0   D    
Stock Option (right to buy)   $9.42   1/10/2011     A      6512   (1)        (2)   (3) Common Stock   6512     (1) 6512   D    
Stock Option (right to buy)   $56.00   1/10/2011     D         9315   (4)     (5) 9/27/2017   Common Stock   9315     (4) 0   D    
Stock Option (right to buy)   $56.00   1/10/2011     D         3689   (4)     (5) 6/1/2018   Common Stock   3689     (4) 0   D    
Stock Option (right to buy)   $56.00   1/10/2011     D         787   (4)     (5) 11/15/2019   Common Stock   787     (4) 0   D    
Restricted Stock Units (RSUs)     (6) 1/10/2011     A      89286         (7)   (7) Common Stock   89286     (4) 89286   D    

Explanation of Responses:
( 1)  On January 10, 2011, the issuer cancelled, pursuant to the issuer's option exchange program, stock options granted to the reporting person on September 27, 2007, June 1, 2008 and November 15, 2009, respectively. In exchange for these cancelled stock options, the reporting person was granted 6,512 stock options on January 10, 2011 (the "Date of Grant").
( 2)  The stock options were fully vested as of the Date of Grant.
( 3)  The stock options will expire as follows: 5,239 stock options expire on September 27, 2017, 1,165 stock options expire on June 1, 2018 and 108 stock options expire on November 15, 2019.
( 4)  On January 10, 2011, the issuer cancelled, pursuant to the issuer's option exchange program, stock options granted to the reporting person on September 27, 2007, June 1, 2008 and November 15, 2009, respectively. In exchange for these cancelled stock options, the reporting person was granted 89,286 restricted stock units ("RSUs") on the Date of Grant.
( 5)  The stock options vest ratably over a five year period beginning on September 27, 2007, June 1, 2008 and November 15, 2009, respectively. On January 10, 2011, the issuer cancelled, pursuant to the issuer's option exchange program, these stock options and in exchange, the reporting person received 89,286 RSUs on the Date of Grant.
( 6)  The RSUs represent the right to receive one share of the issuer's common stock for each vested RSU.
( 7)  The RSUs will vest in accordance with the following schedule: 20% are vested as of the Date of Grant, and the remaining 80% shall vest in 20% increments on each of July 1, 2011, July 1, 2012, July 1, 2013 and July 1, 2014; provided that the reporting person remains in continuous employment or service with the issuer on each applicable vesting date.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Yannantuono Daniel Joseph Jr
C/O UNITEK GLOBAL SERVICES, INC.,
1777 SENTRY PARKWAY WEST
BLUE BELL, PA 19422

CEO, DirectSat USA, LLC

Signatures
/s/ Kyle M. Hall, Attorney-in-fact 1/13/2011
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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.
Unitek Global Services, Inc. (MM) (NASDAQ:UNTKD)
Graphique Historique de l'Action
De Oct 2024 à Nov 2024 Plus de graphiques de la Bourse Unitek Global Services, Inc. (MM)
Unitek Global Services, Inc. (MM) (NASDAQ:UNTKD)
Graphique Historique de l'Action
De Nov 2023 à Nov 2024 Plus de graphiques de la Bourse Unitek Global Services, Inc. (MM)