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4//SEC Filing

Avery Robert C 4

Accession 0001332805-05-000005

CIK 0000872448other

Filed

Jul 14, 8:00 PM ET

Accepted

Jul 15, 5:58 PM ET

Size

8.5 KB

Accession

0001332805-05-000005

Insider Transaction Report

Form 4
Period: 2005-07-15
Avery Robert C
CORPORATE FINANCIAL OFFICER
Transactions
  • Award

    Incentive Stock Option (right to buy)

    2005-07-15+87,44987,449 total
    Exercise: $2.67From: 2006-01-15Exp: 2015-07-15Common Stock (87,449 underlying)
  • Award

    Non-Qualified Stock Option (right to buy)

    2005-07-15+112,551112,551 total
    Exercise: $2.67From: 2006-01-15Exp: 2015-07-15Common Stock (112,551 underlying)
Footnotes (4)
  • [F1]Option price is equal to the fair market value of Atmel on the date of grant.
  • [F2]12.5% of the total shares granted vest and become exercisable six months after the grant date, The remaining balance vest and become exercisable over the next forty-two months at a rate of 2.0833% per month of the total shares granted. The option was granted as an Incentive Stock Option up to the $100,000 limitation.
  • [F3]The Grant price was selected from the closing fair market value of July 15, 2005. The same day when the Board of Directors and the Compensation Committee met to approve the Stock Grant.
  • [F4]The shares vests ratably over fours years measured from the date of grant. The vesting schedule being 12.5% of the total shares granted becoming vested and exercisable within 6 months from the date of grant and the remaining shares vesting monthly thereafter up to the full vest date.

Issuer

ATMEL CORP

CIK 0000872448

Entity typeother

Related Parties

1
  • filerCIK 0001332805

Filing Metadata

Form type
4
Filed
Jul 14, 8:00 PM ET
Accepted
Jul 15, 5:58 PM ET
Size
8.5 KB