JAMES DONALD HILL 4

4 · EXCEL TECHNOLOGY INC · Filed Nov 12, 2003

Form 4

Period: 2003-11-10

Director

Transactions

Tax Payment
Common Stock
2003-11-10$28.65/sh−6,880$197,112→ 210,433 total
Sale
Common Stock
2003-11-10$29.55/sh−2,000$59,100→ 203,433 total
Tax Payment
Common Stock
2003-11-10$28.65/sh−5,288$151,501→ 207,313 total
Tax Payment
Common Stock
2003-11-10$28.65/sh−17,293$495,444→ 202,601 total
Exercise/Conversion
Common Stock
2003-11-10$15.15/sh+10,000$151,500→ 212,601 total
Sale
Common Stock
2003-11-10$29.73/sh−5,000$148,650→ 205,433 total
Sale
Common Stock
2003-11-10$29.60/sh−1,000$29,600→ 202,433 total
Exercise/Conversion
Stock option (right to buy)
2003-11-10−33,333→ 66,667 total
Exercise: $15.15Exp: 2012-02-15→ Common Stock (33,333 underlying)
Exercise/Conversion
Common Stock
2003-11-10$15.15/sh+33,000$499,950→ 219,894 total
Exercise/Conversion
Stock option (right to buy)
2003-11-10−10,000→ 0 total
Exercise: $19.71From: 2001-04-16Exp: 2011-04-16→ Common Stock (10,000 underlying)

Footnotes (2)

[F1]The option vests in 3 equal installments on February 15, 2003, 2004 and 2005.
[F2]In addition, 2,600 shares owned by wife. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.

Documents

1 file