Home/Filings/4/0001241258-05-000038
4//SEC Filing

VERISITY LTD 4

Accession 0001241258-05-000038

CIK 0001121936operating

Filed

Apr 6, 8:00 PM ET

Accepted

Apr 7, 5:19 PM ET

Size

8.8 KB

Accession

0001241258-05-000038

Insider Transaction Report

Form 4
Period: 2005-04-07
Wang Steve
DirectorVP of Bus DevelopmentOther
Transactions
  • Award

    Ordinary Shares

    2005-04-07$5.93/sh+3,166$18,784269,456 total
  • Disposition to Issuer

    Incentive Stock Option (right to buy)

    2005-04-074,7650 total
    Exercise: $14.17Exp: 2012-02-28Ordinary Shares (4,765 underlying)
  • Disposition to Issuer

    Ordinary Shares

    2005-04-07$12.00/sh269,456$3,233,4720 total
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
8.8 KB