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GOTTLIEB ANDREW 4

Accession 0001181431-12-035085

CIK 0000836106other

Filed

Jun 5, 8:00 PM ET

Accepted

Jun 6, 7:43 PM ET

Size

27.3 KB

Accession

0001181431-12-035085

Insider Transaction Report

Form 4
Period: 2012-06-04
GOTTLIEB ANDREW
VP and General Counsel
Transactions
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2012-06-046,0000 total
    Exercise: $17.05Common Stock (6,000 underlying)
  • Disposition to Issuer

    Common Stock

    2012-06-049490 total
  • Exercise/Conversion

    Common Stock

    2012-06-04+33,63633,636 total
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2012-06-045,0000 total
    Exercise: $26.86Common Stock (5,000 underlying)
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2012-06-0415,5000 total
    Exercise: $33.00Common Stock (15,500 underlying)
  • Disposition to Issuer

    Restricted Stock Unit

    2012-06-0418,3400 total
    Exercise: $0.00Common Stock (18,340 underlying)
  • Disposition to Issuer

    Common Stock

    2012-06-0419,4270 total
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2012-06-047,5000 total
    Exercise: $15.23Common Stock (7,500 underlying)
  • Disposition to Issuer

    Stock Option (Right to Buy)

    2012-06-0410,0000 total
    Exercise: $23.93Common Stock (10,000 underlying)
  • Disposition to Issuer

    Common Stock

    2012-06-043600 total(indirect: By 401(k))
  • Tax Payment

    Common Stock

    2012-06-04$40.39/sh14,209$573,90219,427 total
  • Exercise/Conversion

    Restricted Stock Unit

    2012-06-0433,6360 total
    Exercise: $0.00Common Stock (33,636 underlying)
Footnotes (9)
  • [F1]Disposed of in connection with the merger of BLMS Inc. ("Merger Sub"), a wholly owned subsidiary of Lam Research Corporation ("Lam Research"), with and into Novellus Systems, Inc. ("Novellus"), pursuant to the terms of the Agreement and Plan of Merger by and among Merger Sub, Lam Research and Novellus dated December 14, 2011 (the "Merger"). In connection with the Merger, each outstanding share of Novellus common stock was exchanged for 1.125 shares of Lam Research common stock having a market value of $35.99 per share based on the closing price of Lam Research's common stock on June 4, 2012. The indirect holdings inthe 401(k) are held in the Company unitized stock fund. The balance is reported as of the last business day.
  • [F2]Represents both time based and performance based restricted stock units, all of which vested in full at the effective time of the merger. The performance based restricted stock units granted in 2009 vested with respect to the maximum number of Novellus shares payable pursuant to such performance based restricted stock unit and the performance based restricted stock units granted in 2010 vested with respect to 52% of the Novellus shares payable pursuant to such performance based restricted stock unit.
  • [F3]This option, which provided for vesting of 25% annually, was assumed by Lam Research in the merger and replaced with an option to purchase 8,437 shares at $13.54 per share.
  • [F4]This option, which provided for vesting of 25% annually, was assumed by Lam Research in the merger and replaced with an option to purchase 6,750 shares at $15.16 per share.
  • [F5]This option, which provided for vesting of 25% annually, was assumed by Lam Research in the merger and replaced with an option to purchase 11,250 shares at $21.28 per share.
  • [F6]This option, which provided for vesting of 25% annually, was assumed by Lam Research in the merger and replaced with an option to purchase 5,625 shares at $23.88 per share.
  • [F7]This option, which provided for vesting of 25% annually, was assumed by Lam Research in the merger and replaced with an option to purchase 17,437 shares at $29.34 per share.
  • [F8]This RSU, which provided for vesting of 25% annually, was assumed by Lam Research in the merger and replaced with an RSU for 20,632 shares of Lam Research common stock.
  • [F9]Disposed of in connection with the merger of BLMS Inc. ("Merger Sub"), a wholly owned subsidiary of Lam Research Corporation ("Lam Research"), with and into Novellus Systems, Inc. ("Novellus"), pursuant to the terms of the Agreement and Plan of Merger by and among Merger Sub, Lam Research and Novellus dated December 14, 2011 (the "Merger"). In connection with the Merger, each outstanding share of Novellus common stock was exchanged for 1.125 shares of Lam Research common stock having a market value of $35.99 per share based on the closing price of Lam Research's common stock on June 4, 2012.

Issuer

NOVELLUS SYSTEMS INC

CIK 0000836106

Entity typeother

Related Parties

1
  • filerCIK 0001488812

Filing Metadata

Form type
4
Filed
Jun 5, 8:00 PM ET
Accepted
Jun 6, 7:43 PM ET
Size
27.3 KB