CHIPPAC INC·4

Aug 9, 6:27 AM ET

CONN ROBERT 4

4 · CHIPPAC INC · Filed Aug 9, 2004

Insider Transaction Report

Form 4
Period: 2004-08-04
Transactions
  • Disposition to Issuer

    Employee Stock Option

    2004-08-0415,0000 total
    Exercise: $2.55Class A Common Stock (15,000 underlying)
  • Disposition to Issuer

    Employee Stock Option

    2004-08-0420,0000 total
    Exercise: $9.52Class A Common Stock (20,000 underlying)
Footnotes (6)
  • [F1]This option, which is currently exercisable, was assumed by ST Assembly Test Services Ltd, a Singapore public company limited by shares ("STATS"), in ChipPAC'S merger with a wholly owned subsidiary of STATS and replaced with an option to purchase 17,400 ADRs of STATS for $10.94 per ADR.
  • [F2]Any portion of the option which has not been exercised prior to the termination of the reporting person's service as a director of STATS or any of its subsidiaries will expire on the earlier of: (i) six months after such termination date if such termination is due to the director's death or disability, (ii) 30 days after such termination date if the termination is for any reason other than the director's death or disability and (iii) April 14, 2012.
  • [F3]This option, which is currently exercisable, was assumed by STATS in the merger and replaced with an option to purchase 13,050 ADRs of STATS for $2.93 per ADR.
  • [F4]Any portion of the option which has not been exercised prior to the termination of the reporting person's service as a director of STATS or any of its subsidiaries will expire on the earlier of: (i) six months after such termination date if such termination is due to the director's death or disability, (ii) 30 days after such termination date if the termination is for any reason other than the director's death or disability and (iii) March 16, 2013.
  • [F5]This option which vests on February 4, 2005, and was assumed by STATS in the merger and replaced with an option to purchase 13,050 ADRs of STATS for $7.93 per ADR.
  • [F6]Any portion of the option which has not been exercised prior to the termination of the reporting person's service as a director of STATS or any of its subsidiaries will expire on the earlier of: (i) six months after such termination date if such termination is due to the director's death or disability, (ii) 30 days after such termination date if the termination is for any reason other than the director's death or disability and (iii) February 4, 2014.

Documents

1 file
  • 4
    rrd50052.xmlPrimary

    FORM 4