Hoo Wah Bobby Cheng 4
4 · Verigy Ltd. · Filed Jul 6, 2011
Insider Transaction Report
Form 4
Verigy Ltd.VRGY
Hoo Wah Bobby Cheng
Director
Transactions
- Disposition to Issuer
Director Stock Option (Right to Buy)
2011-07-04−14,939→ 0 totalExercise: $8.58From: 2009-07-14Exp: 2014-04-13→ Ordinary Shares (14,939 underlying) - Disposition to Issuer
Ordinary Shares
2011-07-04$15.00/sh−22,605$339,075→ 0 total - Disposition to Issuer
Director Stock Option (Right to Buy)
2011-07-04−12,204→ 0 totalExercise: $11.76From: 2010-07-06Exp: 2015-04-05→ Ordinary Shares (12,204 underlying)
Footnotes (5)
- [F1]Pursuant to the Implementation Agreement between the Issuer and Advantest Corporation dated March 28, 2011, all outstanding restricted share units vested in full immediately prior to the closing of the transaction.
- [F2]Pursuant to the Implementation Agreement between the Issuer and Advantest Corporation dated March 28, 2011, all outstanding ordinary shares were cashed out at $15.00 per share.
- [F3]Pursuant to the Implementation Agreement between the Issuer and Advantest Corporation dated March 28, 2011, the option was cancelled in exchange for a cash payment of $39,540.96, which represents the aggregate of the difference between $15.00 and the exercise price of the option per share.
- [F4]Pursuant to the Implementation Agreement between the Issuer and Advantest Corporation dated March 28, 2011, the option was cancelled in exchange for a cash payment of $95,908.38, which represents the aggregate of the difference between $15.00 and the exercise price of the option per share.
- [F5]Option becomes exercisable in four equal quarterly installments from date of grant.