VERISITY LTD 4
4 · VERISITY LTD · Filed Jun 1, 2004
Insider Transaction Report
Form 4
VERISITY LTDVRST
ZISAPEL ZOHAR
Director
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2004-05-27$5.40/sh+50,000$270,000→ 50,000 totalExercise: $5.40From: 2005-05-27Exp: 2014-05-27→ Ordinary Shares (50,000 underlying)
Holdings
- 205,807(indirect: by Corporation 2)
Ordinary Shares
- 184,607(indirect: by Corporation)
Ordinary Shares
- 60,000
Non-Qualified Stock Option (right to buy)
Exercise: $7.00Exp: 2011-03-20→ Ordinary Shares (60,000 underlying)
Footnotes (5)
- [F1]Mr. Zisapel disclaims beneficial ownership of these securities except to the extent of his interest thereon, and this report shall not be deemed an admission that Mr. Zisapel is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
- [F2]By Lomsha Ltd.
- [F3]By Michael and Klil Holdings, an Isaeli Corporation.
- [F4]The option is exercisable as follows: 25% on the exercisable date of the option and 1/48th monthly thereafter.
- [F5]The option is exercisable as follows: 1/42nd 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.