HANOCH JACOB 4
4 · VERISITY LTD · Filed Jan 2, 2004
Insider Transaction Report
Form 4
VERISITY LTDVRST
HANOCH JACOB
Vice President, Sales
Transactions
- Sale
Ordinary Shares
2003-12-31$12.56/sh−5,000$62,825→ 40,579 total
Holdings
- 18,750
Incentive Stock Option (right to buy)
Exercise: $0.75Exp: 2009-03-10→ Ordinary Shares (18,750 underlying) - 2,500
Non-Qualified Stock Option (right to buy)
Exercise: $0.00Exp: 2008-10-22→ Ordinary Shares (2,500 underlying) - 30,000
Non-Qualified Stock Option (right to buy)
Exercise: $8.00Exp: 2011-01-16→ Ordinary Shares (30,000 underlying) - 328
Incentive Stock Option (right to buy)
Exercise: $0.21Exp: 2007-12-05→ Ordinary Shares (328 underlying) - 4,922
Incentive Stock Option (right to buy)
Exercise: $0.21Exp: 2007-08-01→ Ordinary Shares (4,922 underlying) - 20,000
Non-Qualified Stock Option (right to buy)
Exercise: $9.45Exp: 2013-04-15→ Ordinary Shares (20,000 underlying)
Footnotes (3)
- [F1]This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by Mr. Hanoch, Verisity and our brokers.
- [F2]The option is exercisable as follows: 1/32nd exercisable monthly commencing one month from the option grant date. The option grant date is exactly 10 years prior to the expiration date of the option.
- [F3]The option is exercisable as follows: 25% on the first anniversary of the option grant date and 1/48th monthly thereafter. The option grant date is exactly 10 years prior to the expiration date of the option.