Hoeller Dietmar 4
4 · Verigy Ltd. · Filed Feb 25, 2009
Insider Transaction Report
Form 4
Verigy Ltd.VRGY
Hoeller Dietmar
VP, Order Fullfillment
Transactions
- Award
Employee Stock Option (Right to Buy)
2009-02-24+9,375→ 9,375 totalExercise: $7.22From: 2009-06-13Exp: 2015-12-02→ Ordinary Shares (9,375 underlying)
Footnotes (2)
- [F1]This is the 2nd 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 on 12-3-08 and vests in 16 equal quarterly installments with the 1st installment 3-13-09; this 2nd tranche vests in 15 equal quarterly installments with the first installment 6-13-09; the third tranche wil be granted as of the 3rd business day following Verigy's announcment of its financial results for the quarter ending 4-30-09, and will vest in 14 equal quarterly installments with the first installment 9-13-09; 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 7-31-09, and will vest in 13 equal quarterly installments with the first installment 12-13-09.
- [F2]The option becomes exercisable in 15 equal quarterly installments, with the first installment on June 13, 2009.