VERISITY LTD 4

Accession 0001241258-05-000033

CIK 0001121936operating

View on SEC.gov Company Profile

Filed

Apr 6, 8:00 PM ET

Accepted

Apr 7, 5:15 PM ET

Size

33.7 KB

Accession

0001241258-05-000033

Insider Transaction Report

Form 4

Period: 2005-04-07

VERISITY LTDVRST

HANOCH JACOB

Vice President, Sales

Transactions

Exercise/Conversion
Ordinary Shares
2005-04-05$0.00/sh+2,500$6→ 40,901 total
Exercise/Conversion
Incentive Stock Option (right to buy)
2005-04-05−18,750→ 0 total
Exercise: $0.75Exp: 2009-03-10→ Ordinary Shares (18,750 underlying)
Exercise/Conversion
Ordinary Shares
2005-04-05$0.21/sh+4,922$1,034→ 64,901 total
Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2005-04-07−10,417→ 0 total
Exercise: $9.45Exp: 2013-04-15→ Ordinary Shares (10,417 underlying)
Award
Ordinary Shares
2005-04-07$5.93/sh+3,582$21,252→ 108,066 total
Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2005-04-05−2,500→ 0 total
Exercise: $0.00Exp: 2008-10-22→ Ordinary Shares (2,500 underlying)
Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2005-04-05−30,000→ 0 total
Exercise: $8.00Exp: 2011-01-16→ Ordinary Shares (30,000 underlying)
Exercise/Conversion
Ordinary Shares
2005-04-05$0.75/sh+18,750$14,063→ 59,651 total
Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2005-04-07−25,000→ 0 total
Exercise: $5.40From: 2005-05-27Exp: 2014-05-27→ Ordinary Shares (25,000 underlying)
Exercise/Conversion
Incentive Stock Option (right to buy)
2005-04-05−328→ 0 total
Exercise: $0.21Exp: 2007-12-05→ Ordinary Shares (328 underlying)
Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2005-04-05−9,583→ 10,417 total
Exercise: $9.45Exp: 2013-04-15→ Ordinary Shares (9,583 underlying)
Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2005-04-07−30,000→ 0 total
Exercise: $18.90Exp: 2012-04-17→ Ordinary Shares (30,000 underlying)
Exercise/Conversion
Incentive Stock Option (right to buy)
2005-04-05−4,922→ 0 total
Exercise: $0.21Exp: 2007-08-01→ Ordinary Shares (4,922 underlying)
Exercise/Conversion
Ordinary Shares
2005-04-05$0.21/sh+328$69→ 59,979 total
Exercise/Conversion
Ordinary Shares
2005-04-05$8.00/sh+30,000$240,000→ 94,901 total
Disposition to Issuer
Ordinary Shares
2005-04-07$12.00/sh−108,066$1,296,792→ 0 total
Exercise/Conversion
Ordinary Shares
2005-04-05$9.45/sh+9,583$90,559→ 104,484 total

Footnotes (6)

[F1]This is an Employee Stock Purchase Plan acquisition and is voluntarily reported.
[F2]This is an exercise of Non-Qualified or Incentive Stock Options for cash.
[F3]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.
[F4]The option is exercisable as follows: 25% on the exercisable date of the option and 1/48th monthly thereafter.
[F5]These options are being assumed based on an exchange ratio and for an exercise price determined in accordance with the Agreement and Plan of Merger, dated January 12, 2005, among Cadence Design Systems, Inc., Verisity and Scioto River Ltd., relating to Cadence's acquisition of Verisity.
[F6]This option, which provides for vesting and exercisability of 25% on the first anniversary of the grant date and 1/48th monthly thereafter, was assumed by Cadence Design Systems, Inc. in connection with Cadence's acquisition of Verisity.

Documents

1 file

4
edgardoc.xmlPrimary
PRIMARY DOCUMENT

Issuer

VERISITY LTD

CIK 0001121936

→

Entity typeoperating

Related Parties

filerCIK 0001121936

Filing Metadata

Form type: 4
Filed: Apr 6, 8:00 PM ET
Accepted: Apr 7, 5:15 PM ET
Size: 33.7 KB

View on SEC.gov