Rood Peter S 4
4 · LTX-CREDENCE CORP · Filed Oct 10, 2012
Insider Transaction Report
Form 4
Rood Peter S
VP, Product Development
Transactions
- Tax Payment
Common Stock
2012-10-08$5.79/sh−1,673$9,687→ 236,418 total
Footnotes (1)
- [F1]Each restricted stock unit represents the right to receive one share of LTX-Credence common stock. Under the terms of the RSUs: 25% of the units vested on October 8, 2009; 25% vested on October 8, 2010; 25% vested on October 8, 2011 and the remaining units vested on October 8, 2012. The disposition of common stock described in this filing reflects the amount of shares of common stock withheld for tax withholding purposes. All share numbers reflect the 3-for-1 reverse stock split effectuated on September 30, 2010.