Verigy Ltd. 4
4 · Verigy Ltd. · Filed May 31, 2007
Insider Transaction Report
Form 4
Verigy Ltd.VRGY
Hoeller Dietmar
VP, Order Fullfillment
Transactions
- Award
Employee Stock Option (Right to Buy)
2007-05-30+8,750→ 8,750 totalExercise: $28.39From: 2007-09-13Exp: 2013-12-12→ Ordinary Shares (8,750 underlying)
Footnotes (1)
- [F1]This is the 3rd tranche of an option award that is divided into four grants, each comprised of 25% of the total number of shares subject to the award. The first tranche was granted 12/13/2006 and becomes exercisable in 16 equal quarterly installments, with the first installment vesting on 3/13/2007; the 2nd tranche was granted 2/27/2007 and becomes exercisable in 15 equal quarterly installments, with the first installment vesting on 6/13/2007; this third tranche becomes exercisable in 14 equal quarterly installments, with the first installment vesting on 9-13-2007; and the 4th tranche will be granted as of the third business day following Verigy's announcement of its financial results for the quarter ending 7-31-07, and will become exercisable in 13 equal quarterly installments, with the first installment vesting on 12-13-2007.