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4//SEC Filing

BENZING JEFFREY 4

Accession 0001181431-10-003570

CIK 0000836106other

Filed

Jan 18, 7:00 PM ET

Accepted

Jan 19, 6:33 PM ET

Size

10.7 KB

Accession

0001181431-10-003570

Insider Transaction Report

Form 4
Period: 2010-01-14
BENZING JEFFREY
EVP/Chief Administrative Off.
Transactions
  • Exercise/Conversion

    Common Stock

    2010-01-14+3753,793 total
  • Tax Payment

    Common Stock

    2010-01-14$23.05/sh161$3,7113,632 total
  • Exercise/Conversion

    Restricted Stock Unit

    2010-01-143758,625 total
    Exercise: $0.00From: 2010-01-14Common Stock (375 underlying)
Holdings
  • Common Stock

    (indirect: By 401(k))
    2,067
  • Common Stock

    (indirect: By Spouse)
    11,763
Footnotes (6)
  • [F1]Represents derivative securities that were converted to common stock through the vesting of a restricted stock unit.
  • [F2]Amount reported includes shares subject to unvested Restricted Stock Awards.
  • [F3]The indirect holdings in the 401(k) are held in the Company unitized stock fund. The balance is reported as of the last business day.
  • [F4]The indirect holdings by Mrs. Benzing include 1,203 estimated shares held in the Company 401K unitized stock fund. This balance is reported as of the last business day. The remaining shares are held in common stock and unvested restricted stock awards.
  • [F5]The grant vests at a rate of 1/48th per month beginning January 14, 2008 while in the role of Executive Vice President and Chief Administrative Officer. Shares that do not vest during this period will be forfeited.
  • [F6]Each restricted stock unit represents a contingent right to receive one share of NVLS common stock.

Issuer

NOVELLUS SYSTEMS INC

CIK 0000836106

Entity typeother

Related Parties

1
  • filerCIK 0001185721

Filing Metadata

Form type
4
Filed
Jan 18, 7:00 PM ET
Accepted
Jan 19, 6:33 PM ET
Size
10.7 KB