Rood Peter S 4
4 · LTX-CREDENCE CORP · Filed Oct 30, 2012
Insider Transaction Report
Form 4
Rood Peter S
VP, Product Development
Transactions
- Tax Payment
Common Stock
2012-10-27$5.64/sh−3,345$18,866→ 233,073 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 27, 2011; 25% vested on October 27, 2012; 25% will vest on October 27, 2013 and 25% will vest on October 27, 2014. The disposition of common stock described in this filing reflects the amount of shares of common stock withheld for tax withholding purposes.