NOVELLUS SYSTEMS INC 4
4 · NOVELLUS SYSTEMS INC · Filed May 11, 2007
Insider Transaction Report
Form 4
LITSTER J DAVID
Director
Transactions
- Exercise/Conversion
Common Stock
2007-05-09$27.02/sh+9,000$243,180→ 23,333 total - Sale
Common Stock
2007-05-09$33.00/sh−9,000$297,000→ 14,333 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2007-05-09−9,000→ 9,000 totalExercise: $27.02From: 2003-04-16Exp: 2008-04-16→ Common Stock (9,000 underlying)
Footnotes (1)
- [F1]The stock option becomes 100% exercisable effective on the date of grant.