VERISITY LTD 4

Accession 0001241258-05-000034

CIK 0001121936operating

View on SEC.gov Company Profile

Filed

Apr 6, 8:00 PM ET

Accepted

Apr 7, 5:19 PM ET

Size

45.9 KB

Accession

0001241258-05-000034

Insider Transaction Report

Form 4

Period: 2005-04-07

VERISITY LTDVRST

ALVAREZ CHARLIE

VP Finance & Admin and CFO

Transactions

Exercise/Conversion
Ordinary Shares
2005-04-05$2.80/sh+60,000$168,000→ 65,599 total
Exercise/Conversion
Ordinary Shares
2005-04-05$8.00/sh+22,197$177,576→ 87,796 total
Exercise/Conversion
Ordinary Shares
2005-04-05$0.75/sh+636$477→ 5,599 total
Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2005-04-07−39,449→ 0 total
Exercise: $18.90Exp: 2012-04-17→ Ordinary Shares (39,449 underlying)
Exercise/Conversion
Incentive Stock Option (right to buy)
2005-04-07−2,501→ 11,667 total
Exercise: $5.40Exp: 2014-05-27→ Ordinary Shares (2,501 underlying)
Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2005-04-07−15,252→ 0 total
Exercise: $9.45Exp: 2013-04-15→ Ordinary Shares (15,252 underlying)
Exercise/Conversion
Incentive Stock Option (right to buy)
2005-04-05−60,000→ 0 total
Exercise: $2.80Exp: 2010-01-19→ Ordinary Shares (60,000 underlying)
Exercise/Conversion
Incentive Stock Option (right to buy)
2005-04-05−22,197→ 0 total
Exercise: $8.00Exp: 2011-01-16→ Ordinary Shares (22,197 underlying)
Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2005-04-05−19,166→ 15,252 total
Exercise: $9.45Exp: 2013-04-15→ Ordinary Shares (19,166 underlying)
Exercise/Conversion
Incentive Stock Option (right to buy)
2005-04-05−636→ 0 total
Exercise: $0.75From: 2000-04-14Exp: 2009-04-14→ Ordinary Shares (636 underlying)
Exercise/Conversion
Incentive Stock Option (right to buy)
2005-04-07−4,748→ 834 total
Exercise: $9.45Exp: 2013-04-15→ Ordinary Shares (4,748 underlying)
Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2005-04-05−12,803→ 0 total
Exercise: $8.00Exp: 2011-01-16→ Ordinary Shares (12,803 underlying)
Award
Ordinary Shares
2005-04-07$5.93/sh+3,583$21,258→ 123,348 total
Exercise/Conversion
Ordinary Shares
2005-04-07$9.45/sh+15,252$144,131→ 138,600 total
Exercise/Conversion
Ordinary Shares
2005-04-07$9.45/sh+4,748$44,869→ 169,180 total
Disposition to Issuer
Incentive Stock Option (right to buy)
2005-04-07−11,667→ 0 total
Exercise: $5.40Exp: 2014-05-27→ Ordinary Shares (11,667 underlying)
Exercise/Conversion
Ordinary Shares
2005-04-05$8.00/sh+12,803$102,424→ 100,599 total
Exercise/Conversion
Ordinary Shares
2005-04-05$9.45/sh+19,166$181,119→ 119,765 total
Disposition to Issuer
Incentive Stock Option (right to buy)
2005-04-07−10,551→ 0 total
Exercise: $18.90Exp: 2012-04-17→ Ordinary Shares (10,551 underlying)
Exercise/Conversion
Ordinary Shares
2005-04-07$5.40/sh+25,832$139,493→ 164,432 total
Exercise/Conversion
Ordinary Shares
2005-04-07$5.40/sh+2,501$13,505→ 171,681 total
Disposition to Issuer
Ordinary Shares
2005-04-07$12.00/sh−171,681$2,060,172→ 0 total
Disposition to Issuer
Incentive Stock Option (right to buy)
2005-04-07−834→ 0 total
Exercise: $9.45Exp: 2013-04-15→ Ordinary Shares (834 underlying)
Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2005-04-07−25,832→ 0 total
Exercise: $5.40From: 2005-05-27Exp: 2014-05-27→ Ordinary Shares (25,832 underlying)

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: 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]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, 5:19 PM ET
Size: 45.9 KB

View on SEC.gov