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
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Charak Jonathan M.
2. Issuer Name and Ticker or Trading Symbol

TELULAR CORP [ WRLS ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
Chief Financial Officer
(Last)          (First)          (Middle)

311 S. WACKER DRIVE, SUITE 4300
3. Date of Earliest Transaction (MM/DD/YYYY)

6/24/2013
(Street)

CHICAGO, IL 60606
(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
Common Stock   6/24/2013     U    55653   D $12.61   0   D    

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 Options (right to buy)   $3.06   6/24/2013     D   (1)       20000      (2) 3/17/2014   Common Stock   20000   $3.06   152300   D    
Stock Options (right to buy)   $1.49   6/24/2013     D   (1)       33000      (3) 9/30/2014   Common Stock   33000   $1.49   119300   D    
Stock Options (right to buy)   $3.00   6/24/2013     D   (1)       15000      (4) 11/3/2015   Common Stock   15000   $3.00   104000   D    
Stock Options (right to buy)   $4.86   6/24/2013     D   (1)       35000      (5) 2/2/2016   Common Stock   35000   $4.86   69300   D    
Stock Options (right to buy)   $6.00   6/24/2013     D   (1)       19900      (6) 11/8/2017   Common stock   19900   $6.00   49400   D    
Stock Options (right to buy)   $9.60   6/24/2013     D   (1)       49400      (7) 12/10/2018   Common Stock   49400   $9.60   0   D    
Restricted Stock Units   (8)   (8) 6/24/2013     D         24871      (8)   (8) Common Stock   24871     (8) 0   D    

Explanation of Responses:
( 1)  Disposed of pursuant to the Agreement and Plan of Merger dated April 29, 2013 between Telular Corporation, ACP Tower Holdings,LLC and ACP Tower Merger Sub, Inc. The Reporting Person will receive the difference between $12.61 and the respective exercise price per option.
( 2)  These options were vested 33% on 3/17/2009; 33% on 3/17/2010 and 34% on 3/17/2011.
( 3)  These options were vested 1/6 on the six month anniversary of the grant date, 11/04/2008, then 1/36 each month thereafter through 09/30/2011.
( 4)  These options were vested 1/6 on the six month anniversary of the grant date, 11/03/2009, then 1/36 each month thereafter through 11/03/2012.
( 5)  These options were vested 1/6 on the six month anniversay of the grant date, 02/02/2010, then 1/36 each month thereafter through 02/02/2013.
( 6)  These options were vested 1/6 on the six month anniversay of the grant date, 11/08/2011, then 1/36 each month thereafter through 11/08/2014.
( 7)  These options were vested 1/6 on the six month anniversary of the grant date, 12/10/2012, then 1/36 each month thereafter through 12/10/2015.
( 8)  Each restricted stock unit ("RSU") represents a contingent right to receive one share of Telular common stock. These RSUs were granted to the Reporting Person pursuant to achieving fiscal years 2011 and 2012 performance measurements and a grant in fiscal year 2013 for performance measurements not yet achieved. Pursuant to the Agreement and Plan of Merger, all RSUs, earned and unearned, will be canceled and converted into rights to receive, in cash, $12.61 per unit.Unearned performance-based RSUs vested at target levels in accordance with the Agreement and Plan of Merger.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Charak Jonathan M.
311 S. WACKER DRIVE
SUITE 4300
CHICAGO, IL 60606


Chief Financial Officer

Signatures
/s/ Jonathan M. Charak 6/24/2013
** 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.
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