MILLIPORE CORP /MA 4

4 · MILLIPORE CORP /MA · Filed Feb 20, 2007

Form 4

Period: 2007-02-15

Vice President

Transactions

Award
Employee Stock Options (rights to buy)
2007-02-15+14,367→ 14,367 total
Exercise: $74.63From: 2008-02-15Exp: 2017-02-15→ Common Stock, $1.00 par value (14,367 underlying)
Tax Payment
Common Stock, $1.00 par value
2007-02-15−324→ 23,875.62 total
Exercise/Conversion
Common Stock, $1.00 par value
2007-02-15+894→ 24,199.62 total
Exercise/Conversion
Restricted Stock Units
2007-02-15−894→ 3,571 total
Exercise: $0.00From: 2007-02-15Exp: 2007-02-15→ Common Stock, $1.00 par value (894 underlying)

Holdings

Footnotes (3)

[F1]Represents the payout of 894 shares of Millipore Common Stock upon the vesting of 20% of Restricted Stock Units granted to the reporting person on 02/15/2006 pursuant to the Millipore Corporation 1999 Stock Incentive Plan. Each Restricted Stock Unit represents a right to receive one share of Millipore Corporation Common Stock, or at the Corporation's election, the cash value thereof. Restricted Stock Units vest as follows: 20% on the first anniversary of the date of grant; 30% on the second anniversary of the date of grant; and 50% on the third anniversary of the date of grant.
[F2]The closing price of Millipore Common Stock for the purpose of determining the number of Restricted Stock Units to be withheld for the payment of taxes was $74.63 per share.
[F3]Stock options are exercisable in annual cumulative increments of 25% beginning on the first anniversary of the date of grant. Options expire 10 years from the date of grant.

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