Home/Filings/4/0001241258-04-000030
4//SEC Filing

VERISITY LTD 4

Accession 0001241258-04-000030

CIK 0001121936operating

Filed

Feb 11, 7:00 PM ET

Accepted

Feb 12, 3:41 PM ET

Size

21.1 KB

Accession

0001241258-04-000030

Insider Transaction Report

Form 4
Period: 2004-02-11
SHIRLEY STEVEN CRAIG
Vice President, Sales
Transactions
  • Exercise/Conversion

    Incentive Stock Option (right to buy)

    2004-02-11$12.50/sh417$5,2130 total
    Exercise: $0.60From: 2000-01-01Exp: 2009-01-27Ordinary Shares (417 underlying)
  • Exercise/Conversion

    Ordinary Shares

    2004-02-11$0.60/sh+417$2503,237 total
  • Exercise/Conversion

    Ordinary Shares

    2004-02-11$1.10/sh+1,583$1,7414,820 total
  • Exercise/Conversion

    Incentive Stock Option (right to buy)

    2004-02-11$12.50/sh1,583$19,7885,917 total
    Exercise: $1.10From: 2000-12-01Exp: 2009-12-01Ordinary Shares (1,583 underlying)
  • Sale

    Ordinary Shares

    2004-02-11$12.50/sh2,000$25,0002,820 total
Holdings
  • Non-Qualified Stock Option (right to buy)

    Exercise: $9.45Exp: 2013-04-15Ordinary Shares (40,251 underlying)
    40,251
  • Non-Qualified Stock Option (right to buy)

    Exercise: $18.90Exp: 2012-04-17Ordinary Shares (19,474 underlying)
    19,474
  • Non-Qualified Stock Option (right to buy)

    Exercise: $8.00Exp: 2011-01-16Ordinary Shares (3,698 underlying)
    3,698
  • Incentive Stock Option (right to buy)

    Exercise: $6.00Exp: 2010-07-19Common Stock (12,666 underlying)
    12,666
  • Incentive Stock Option (right to buy)

    Exercise: $8.00Exp: 2011-01-16Ordinary Shares (21,302 underlying)
    21,302
  • Incentive Stock Option (right to buy)

    Exercise: $9.45Exp: 2013-04-15Ordinary Shares (9,749 underlying)
    9,749
  • Incentive Stock Option (right to buy)

    Exercise: $18.90Exp: 2012-04-17Ordinary Shares (10,526 underlying)
    10,526
Footnotes (4)
  • [F1]This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by Mr. Shirley, Verisity and our brokers.
  • [F2]The option is exercisable as follows: 25% on the exercisable date of the option and 1/48th monthly thereafter.
  • [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.
  • [F4]ISO and NQ options granted on the same day will vest collectively. Options granted the same day are exercisable as follows: 25% on the 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.

Issuer

VERISITY LTD

CIK 0001121936

Entity typeoperating

Related Parties

1
  • filerCIK 0001121936

Filing Metadata

Form type
4
Filed
Feb 11, 7:00 PM ET
Accepted
Feb 12, 3:41 PM ET
Size
21.1 KB