ASYST TECHNOLOGIES INC 4
4 · ASYST TECHNOLOGIES INC · Filed Jun 4, 2007
Insider Transaction Report
Form 4
Leitzke Thomas
SVP, Global Operations
Transactions
- Award
Common Stock
2007-05-31+13,843→ 101,432 total - Award
Common Stock
2007-05-31+21,497→ 122,929 total
Footnotes (2)
- [F1]One-third of the shares subject to this restricted stock unit award will vest on each of May 31, 2008, May 31, 2009 and May 31, 2010. assuming the grantee's continuous employment with the company as of each vesting date.
- [F2]These awards are performance rights to receive the indicated shares in the event the companyachieves certain net income, revenue, margin and other operating targets established by the Board of Directors. Actual shares earned will range from 0% to 100% pursuant to a designated formula, with 31.25% of the indicated shares being earned for baseline performance; 62.5% for target performance; and 100% for "stretch" performance. Any stock earned will be subject to a mandatory deferral of issuance and distribution until May 31, 2010 (regardless of the earlier date on which they vest). Vesting of shares will be subject to the recipient's continuous employment with the company.