Wagner Hans-Juergen 4
4 · Verigy Ltd. · Filed Aug 24, 2010
Insider Transaction Report
Form 4
Verigy Ltd.VRGY
Wagner Hans-Juergen
Vice President, SOC Test
Transactions
- Award
Employee Stock Option (Right to Buy)
2010-08-24+10,500→ 10,500 totalExercise: $8.37From: 2010-12-13Exp: 2016-11-30→ Ordinary Shares (10,500 underlying)
Footnotes (2)
- [F1]This is an option award that was granted on 12-1-09 contingent upon shareholder approval of the addition of shares to the 2006 Equity Incentive Plan. The approval was received in April 2010 and, pursuant to the terms of the award, the exercise price of the award was automatically set as the closing price of Verigy's ordinary shares on August 24, 2010, the 3rd business day following the announcement of Verigy's financial results for the quarter ending July 31, 2010. This option vests in 13 equal installments with the first vesting on 12-13-10.
- [F2]The option becomes exercisable in 13 equal quarterly installments.