ROVATTI JOSEPH E 4
4 · ADE CORP · Filed Oct 13, 2006
Insider Transaction Report
Form 4
ADE CORPADEX
ROVATTI JOSEPH E
Controller
Transactions
- Disposition to Issuer
Employee Stock Option (right to buy)
2006-10-11−900→ 0 totalExercise: $15.77Exp: 2013-08-26→ Common Stock (900 underlying) - Exercise/Conversion
Employee Stock Option (right to buy)
2006-10-06−1,350→ 1,750 totalExercise: $15.77Exp: 2013-08-26→ Common Stock (1,350 underlying) - Exercise/Conversion
Common Stock
2006-10-06$15.77/sh+1,350$21,290→ 1,350 total - Exercise/Conversion
Employee Stock Option (right to buy)
2006-10-06−1,750→ 1,350 totalExercise: $17.06Exp: 2009-11-17→ Common Stock (1,750 underlying) - Exercise/Conversion
Common Stock
2006-10-06$17.06/sh+1,750$29,855→ 3,100 total - Sale
Common Stock
2006-10-06$32.45/sh−3,100$100,595→ 0 total
Footnotes (3)
- [F1]The option vested in equal installments quarterly over a five year period from August 2003 to August 2008.
- [F2]The option vested in equal installments quarterly over a five year period from November 1999 to November 2004.
- [F3]This option, which provided for vesting in equal installments quarterly over a five year period beginning in August 2003, was assumed by KLA-Tencor Corporation ("KLA-Tencor") in the merger between the issuer and KLA-Tencor and replaced with an option to purchase 629 shares of KLA-Tencor common stock for $22.54 per share.