4/A//SEC Filing
Caulfield Thomas 4/A
Accession 0001209191-08-049207
CIK 0001120914other
Filed
Aug 25, 8:00 PM ET
Accepted
Aug 26, 9:20 PM ET
Size
14.7 KB
Accession
0001209191-08-049207
Insider Transaction Report
Form 4/AAmended
Caulfield Thomas
Director
Transactions
- Disposition to Issuer
2001 Stock Plan Option (right to buy)
2008-08-19−15,000→ 0 totalExercise: $10.43Exp: 2017-05-29→ Common Stock (15,000 underlying) - Award
Restricted Stock Right
2008-08-19+7,143→ 7,143 total→ Common Stock (7,143 underlying) - Disposition to Issuer
2001 Stock Plan Option (right to buy)
2008-08-19−30,000→ 0 totalExercise: $12.98Exp: 2016-08-29→ Common Stock (30,000 underlying) - Award
Restricted Stock Right
2008-08-19+3,572→ 3,572 total→ Common Stock (3,572 underlying)
Footnotes (7)
- [F1]All transactions on this Form 4 report occurred at 12:12 a.m. EDT on August 19, 2008 (the "Transaction Date"). This amended report is filed to correct a typographical error in Box 3 and Column 3 of Table II.
- [F2]The cancelled option provided for vesting as follows: 12/48ths of the total shares subject to the option vested on September 15, 2007 and 1/48th of the total shares vested on the 15th day of each month thereafter, subject to the reporting person's continued service with PDF Solutions, Inc., or an eligible affiliate thereof, through each vesting date and subject to accelerated vesting in certain circumstances.
- [F3]Pursuant to PDF Solutions, Inc.'s offer to exchange described in Schedule TO-1 filed on June 10, 2008, as amended (the "Exchange Offer") on the Transaction Date PDF Solutions, Inc. cancelled an option granted to the reporting person on September 16, 2006. In exchange for the option, the reporting person received 7,143 restricted stock rights.
- [F4]The cancelled option provided for vesting as follows: 12/48ths of the total shares subject to the option vested on May 30, 2008 and 1/48th of the total shares vested on the 30th day of each month thereafter, subject to the reporting person's continued service with PDF Solutions, Inc. or an eligible affiliate thereof, through each vesting date and subject to accelerated vesting in certain circumstances.
- [F5]Pursuant to the Exchange Offer, on the Transaction Date PDF Solutions, Inc. cancelled an option granted to the reporting person on May 27, 2008. In exchange for the option, the reporting person received 3,572 restricted stock rights.
- [F6]Each restricted stock right ("RSR") represents a bookkeeping entry equal in value to one (1) share of common stock of PDF Solutions, Inc.
- [F7]12.5% of the total number of rights will vest on May 15, 2009 and 12.5% will vest every six (6) months thereafter, subject to the reporting person's continued service with PDF Solutions, Inc., or an eligible affiliate thereof, through each vesting date and subject to accelerated vesting in certain circumstances. The RSR will be automatically settled in shares upon vesting of the RSR.
Documents
Issuer
PDF SOLUTIONS INC
CIK 0001120914
Entity typeother
Related Parties
1- filerCIK 0001342570
Filing Metadata
- Form type
- 4/A
- Filed
- Aug 25, 8:00 PM ET
- Accepted
- Aug 26, 9:20 PM ET
- Size
- 14.7 KB