BATTY JOHN 4
4 · CREDENCE SYSTEMS CORP · Filed Jan 4, 2005
Insider Transaction Report
Form 4
BATTY JOHN
Senior Vice President & CFO
Transactions
- Award
Stock Option (Right to Buy)
2004-12-31−250,000→ 250,000 totalExercise: $9.15Exp: 2014-12-31→ Common Stock (250,000 underlying)
Footnotes (1)
- [F1]Stock options granted pursuant to the 1993 Stock Option Plan. The Options vest, subject to continuous service, at the rate of 12.5% of the total shares granted on the 6 month anniversary of the date of grant and the remaining 87.5% of the total shares granted vest quarterly thereafter in 14 equal quarterly installments such that the options are fully vested on December 31, 2008.