LTX-CREDENCE CORP 4
4 · LTX-CREDENCE CORP · Filed Aug 29, 2013
Insider Transaction Report
Form 4
Rood Peter S
VP, Product Development
Transactions
- Tax Payment
Common Stock
2013-08-28$4.29/sh−3,427$14,702→ 233,894 total
Footnotes (2)
- [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 August 28, 2013; 25% will vest on August 28, 2014; 25% will vest on August 28, 2015 and 25% will vest on August 28, 2016. The disposition of common stock described in this filing reflects the amount of shares of common stock withheld for tax withholding purposes.
- [F2]Includes 1,980 shares acquired on January 31, 2013 and 2,268 shares acquired on July 31, 2013, both acquisitions pursuant to the Company's Employee Stock Purchase Plan.