Home/Filings/4/0001241258-04-000074
4//SEC Filing

VERISITY LTD 4

Accession 0001241258-04-000074

CIK 0001121936operating

Filed

May 31, 8:00 PM ET

Accepted

Jun 1, 12:00 PM ET

Size

9.0 KB

Accession

0001241258-04-000074

Insider Transaction Report

Form 4
Period: 2004-05-27
Transactions
  • Award

    Non-Qualified Stock Option (right to buy)

    2004-05-27$5.40/sh+50,000$270,00050,000 total
    Exercise: $5.40From: 2005-05-27Exp: 2014-05-27Ordinary Shares (50,000 underlying)
Holdings
  • Ordinary Shares

    (indirect: by Corporation 2)
    205,807
  • Ordinary Shares

    (indirect: by Corporation)
    184,607
  • Non-Qualified Stock Option (right to buy)

    Exercise: $7.00Exp: 2011-03-20Ordinary Shares (60,000 underlying)
    60,000
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.

Issuer

VERISITY LTD

CIK 0001121936

Entity typeoperating

Related Parties

1
  • filerCIK 0001121936

Filing Metadata

Form type
4
Filed
May 31, 8:00 PM ET
Accepted
Jun 1, 12:00 PM ET
Size
9.0 KB