PERLEGOS GEORGE 4
4 · ATMEL CORP · Filed Feb 15, 2005
Insider Transaction Report
Form 4
ATMEL CORPatml
PERLEGOS GEORGE
Director
Transactions
- Award
Common Stock Option to buy
2005-02-11$3.29/sh+400,000$1,316,000→ 400,000 totalExercise: $3.29From: 2005-08-11Exp: 2005-02-11→ Common Stock (400,000 underlying)
Footnotes (3)
- [F1]Grant price is equal to the closing FMV of the company stock on the day when the grant was approved by the board.
- [F2]12.5% of the total shares granted vest and become exercisable six months after the grant date, The remaining balance vest and become exercisable over the next forty-two months at a rate of 2.0833% per month of the total shares granted. The Option was granted as an Incentive Stock Option up to the $100,000 limitation. Any shares that did not qualify as an Incentive Stock Option was issued as a Non-Qualified Stock Option.
- [F3]The life of the grant is exactly 10 years. Any shares not exercised on the 10th year anniversary of the grant will automatically cancel.