Home/Filings/4/0001241258-05-000036
4//SEC Filing

VERISITY LTD 4

Accession 0001241258-05-000036

CIK 0001121936operating

Filed

Apr 6, 8:00 PM ET

Accepted

Apr 7, 5:19 PM ET

Size

18.9 KB

Accession

0001241258-05-000036

Insider Transaction Report

Form 4
Period: 2005-04-07
REDMOND SEAN
Vice President, Sales
Transactions
  • Disposition to Issuer

    Non-Qualified Stock Option (right to buy)

    2005-04-0715,0000 total
    Exercise: $13.34Exp: 2012-09-03Ordinary Shares (15,000 underlying)
  • Disposition to Issuer

    Non-Qualified Stock Option (right to buy)

    2005-04-0735,0000 total
    Exercise: $5.40Exp: 2014-05-27Ordinary Shares (35,000 underlying)
  • Disposition to Issuer

    Non-Qualified Stock Option (right to buy)

    2005-04-079380 total
    Exercise: $2.80Exp: 2010-01-19Ordinary Shares (938 underlying)
  • Disposition to Issuer

    Non-Qualified Stock Option (right to buy)

    2005-04-0725,0000 total
    Exercise: $9.45Exp: 2013-04-15Ordinary Shares (25,000 underlying)
  • Disposition to Issuer

    Ordinary Shares

    2005-04-07$12.00/sh2,274$27,2880 total
  • Disposition to Issuer

    Non-Qualified Stock Option (right to buy)

    2005-04-0710,0000 total
    Exercise: $14.25Exp: 2011-07-18Ordinary Shares (10,000 underlying)
  • Award

    Ordinary Shares

    2005-04-07$5.93/sh+2,274$13,4922,274 total
  • Disposition to Issuer

    Non-Qualified Stock Option (right to buy)

    2005-04-075,0000 total
    Exercise: $18.90Exp: 2012-04-17Ordinary Shares (5,000 underlying)
Footnotes (3)
  • [F1]This is an Employee Stock Purchase Plan acquisition and is voluntarily reported.
  • [F2]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.
  • [F3]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.

Issuer

VERISITY LTD

CIK 0001121936

Entity typeoperating

Related Parties

1
  • filerCIK 0001121936

Filing Metadata

Form type
4
Filed
Apr 6, 8:00 PM ET
Accepted
Apr 7, 5:19 PM ET
Size
18.9 KB