MacDonald Bruce 4
4 · LTX-CREDENCE CORP · Filed Sep 29, 2010
Insider Transaction Report
Form 4
MacDonald Bruce
Vice President -- Marketing
Transactions
- Tax Payment
Common Stock
2010-09-28$1.99/sh−3,969$7,898→ 186,227 total
Footnotes (1)
- [F1]These restricted stock units were originally granted on September 28, 2009. There were a total of 50,000 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 28, 2010 and the remaining RSUs will vest in three equal installments starting on September 28, 2011. The disposition of common stock described in this filing reflects the amount of shares of common stock withheld for tax withholding purposes.