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4//SEC Filing

BENZING JEFFREY 4

Accession 0001181431-10-033509

CIK 0000836106other

Filed

Jun 15, 8:00 PM ET

Accepted

Jun 16, 6:08 PM ET

Size

10.5 KB

Accession

0001181431-10-033509

Insider Transaction Report

Form 4
Period: 2010-06-14
BENZING JEFFREY
EVP/Chief Administrative Off.
Transactions
  • Tax Payment

    Common Stock

    2010-06-14$26.99/sh138$3,7255,145 total
  • Exercise/Conversion

    Restricted Stock Unit

    2010-06-143756,750 total
    Exercise: $0.00From: 2010-06-14Common Stock (375 underlying)
  • Exercise/Conversion

    Common Stock

    2010-06-14+3755,283 total
Holdings
  • Common Stock

    (indirect: By 401(k))
    2,397
  • Common Stock

    (indirect: By Spouse)
    1,350
Footnotes (5)
  • [F1]Represents derivative securities that were converted to common stock through the vesting of a restricted stock unit.
  • [F2]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.
  • [F3]The indirect holdings by Mrs. Benzing include 1,350 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.
  • [F4]The grant vests at a rate of 1/48th per month beginning December 14, 2007 while in the role of Executive Vice President and Chief Administrative Officer. Shares that do not vest during this period will be forfeited.
  • [F5]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
Jun 15, 8:00 PM ET
Accepted
Jun 16, 6:08 PM ET
Size
10.5 KB