KRAKAUER ROBERT 4

4 · CHIPPAC INC · Filed Aug 9, 2004

Form 4

Period: 2004-08-04

Frmr Exec VP, Corp Operations

Transactions

Disposition to Issuer
Employee Stock Option
2004-08-04−34,000→ 0 total
Exercise: $2.88Exp: 2004-08-29→ Class A Common Stock (34,000 underlying)
Disposition to Issuer
Class A Common Stock, par value $0.01
2004-08-04−257,000→ 0 total(indirect: See Footnote 2)
Disposition to Issuer
Employee Stock Option
2004-08-04−116,000→ 0 total
Exercise: $3.75Exp: 2004-08-29→ Class A Common Stock (116,000 underlying)
Disposition to Issuer
Employee Stock Option
2004-08-04−150,000→ 0 total
Exercise: $6.90→ Class A Common Stock (150,000 underlying)
Disposition to Issuer
Employee Stock Option
2004-08-04−95,247→ 0 total
Exercise: $5.51Exp: 2004-08-29→ Class A Common Stock (95,247 underlying)
Disposition to Issuer
Employee Stock Option
2004-08-04−120,000→ 0 total
Exercise: $2.55Exp: 2004-08-29→ Class A Common Stock (120,000 underlying)
Disposition to Issuer
Employee Stock Option
2004-08-04−100,000→ 0 total
Exercise: $1.88Exp: 2004-10-29→ Class A Common Stock (100,000 underlying)

Footnotes (8)

[F1]Disposed of pursuant to merger agreement between ChipPAC, Inc. and ST Assembly Test Services Ltd, a Singapore public company limited by shares ("STATS"), in exchange for 223,590 ADRs of STATS having a market value of $6.36 per ADR as of August 5, 2004.
[F2]These shares were disposed of by a trust, in which the reporting person has a pecuniary interest.
[F3]This option, which is currently exercisable, was assumed by STATS in the merger and replaced with an option to purchase 82,865 ADRs of STATS for $6.34 per ADR.
[F4]This option, which is currently exercisable, was assumed by STATS in the merger and replaced with an option to purchase 29,580 ADRs of STATS for $3.31 per ADR.
[F5]This option, which is currently exercisable, was assumed by STATS in the merger and replaced with an option to purchase 100,920 ADRs of STATS for $4.31 per ADR.
[F6]This option, which is currently exercisable, was assumed by STATS in the merger and replaced with an option to purchase 87,000 ADRs of STATS for $2.16 per ADR.
[F7]This option, which is currently exercisable, was assumed by STATS in the merger and replaced with an option to purchase 104,400 ADRs of STATS for $2.93 per ADR.
[F8]Any rights to exercise this option have terminated as such option was not vested at the time of Mr. Krakauer's voluntary termination from the company.

Documents

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