VERISITY LTD 4
4 · VERISITY LTD · Filed Feb 12, 2004
Insider Transaction Report
Form 4
VERISITY LTDVRST
SHIRLEY STEVEN CRAIG
Vice President, Sales
Transactions
- Exercise/Conversion
Incentive Stock Option (right to buy)
2004-02-11$12.50/sh−417$5,213→ 0 totalExercise: $0.60From: 2000-01-01Exp: 2009-01-27→ Ordinary Shares (417 underlying) - Exercise/Conversion
Ordinary Shares
2004-02-11$0.60/sh+417$250→ 3,237 total - Exercise/Conversion
Ordinary Shares
2004-02-11$1.10/sh+1,583$1,741→ 4,820 total - Exercise/Conversion
Incentive Stock Option (right to buy)
2004-02-11$12.50/sh−1,583$19,788→ 5,917 totalExercise: $1.10From: 2000-12-01Exp: 2009-12-01→ Ordinary Shares (1,583 underlying) - Sale
Ordinary Shares
2004-02-11$12.50/sh−2,000$25,000→ 2,820 total
Holdings
- 40,251
Non-Qualified Stock Option (right to buy)
Exercise: $9.45Exp: 2013-04-15→ Ordinary Shares (40,251 underlying) - 19,474
Non-Qualified Stock Option (right to buy)
Exercise: $18.90Exp: 2012-04-17→ Ordinary Shares (19,474 underlying) - 3,698
Non-Qualified Stock Option (right to buy)
Exercise: $8.00Exp: 2011-01-16→ Ordinary Shares (3,698 underlying) - 12,666
Incentive Stock Option (right to buy)
Exercise: $6.00Exp: 2010-07-19→ Common Stock (12,666 underlying) - 21,302
Incentive Stock Option (right to buy)
Exercise: $8.00Exp: 2011-01-16→ Ordinary Shares (21,302 underlying) - 9,749
Incentive Stock Option (right to buy)
Exercise: $9.45Exp: 2013-04-15→ Ordinary Shares (9,749 underlying) - 10,526
Incentive Stock Option (right to buy)
Exercise: $18.90Exp: 2012-04-17→ Ordinary Shares (10,526 underlying)
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.