4//SEC Filing
VERISITY LTD 4
Accession 0001241258-05-000041
CIK 0001121936operating
Filed
Apr 6, 8:00 PM ET
Accepted
Apr 7, 5:20 PM ET
Size
10.9 KB
Accession
0001241258-05-000041
Insider Transaction Report
Form 4
VERISITY LTDVRST
ZISAPEL ZOHAR
Director
Transactions
- Disposition to Issuer
Ordinary Shares
2005-04-07$12.00/sh−60,000$720,000→ 0 total - Disposition to Issuer
Ordinary Shares
2005-04-07$12.00/sh−205,807$2,469,684→ 0 total(indirect: by Corporation 2) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2005-04-07−50,000→ 0 totalExercise: $5.40From: 2004-06-01Exp: 2014-05-27→ Ordinary Shares (50,000 underlying) - Disposition to Issuer
Ordinary Shares
2005-04-07$12.00/sh−184,607$2,215,284→ 0 total(indirect: by Corporation)
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]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.
- [F5]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
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, 5:20 PM ET
- Size
- 10.9 KB