MacDonald Bruce 4
4 · LTX-CREDENCE CORP · Filed Sep 20, 2010
Insider Transaction Report
Form 4
MacDonald Bruce
Vice President -- Marketing
Transactions
- Tax Payment
Common Stock
2010-09-19$1.76/sh−4,763$8,383→ 190,196 total
Footnotes (1)
- [F1]These restricted stock units were originally granted on September 19, 2007. There were a total of 60,000 units granted and each unit represents a contingent right to receive one share of LTX-Credence common stock. Under the terms of the RSUs, 25% of the units vested on September 19, 2008, 25% of the units vested on September 19, 2009, 25% of the units vested on September 19, 2010 and the remaining RSUs will vest on September 19, 2011. The disposition of common stock described in this filing reflects the amount of shares of common stock withheld for tax withholding purposes.