RUDOLPH TECHNOLOGIES INC 4
4 · RUDOLPH TECHNOLOGIES INC · Filed Mar 5, 2014
Insider Transaction Report
Form 4
JOHNSON ARDELLE R
Other
Transactions
- Award
Common Stock
2014-03-01+1,549→ 27,476 total
Footnotes (1)
- [F1]On February 22, 2013, the Compensation Committee of Rudolph Technologies' Board of Directors established targets for the award of performance-based Restricted Stock Units ("RSU's") such that the number of RSU's issued under the award would be contingent on the Company achieving certain revenue and non-GAAP operating income goals for fiscal year 2013 (the Metrics"). Effective upon the receipt of the Company's 2013 audited financial results from its independent auditors, a final determination of the number of performance-based RSU's to be awarded was made based on achievement against the 2013 Metrics. The awarded performance-based RSU's are still subject to a service requirement such that the award shall vest with respect to twenty percent (20%) of the shares subject to the award (rounded down to the next whole number of shares) on March 1, 2014 and on each of the subsequent four (4) years vesting annually on February 22.