VARIAN SEMICONDUCTOR EQUIPMENT ASSOCIATES INC 4
4 · VARIAN SEMICONDUCTOR EQUIPMENT ASSOCIATES INC · Filed Mar 12, 2007
Insider Transaction Report
Form 4
YARBRO STAN
Vice President of Sales
Transactions
- Exercise/Conversion
Employee Stock Option (Right to Buy)
2007-03-08−1,172→ 1,641 totalExercise: $23.57From: 2005-11-12Exp: 2014-11-12→ Common Stock (1,172 underlying) - Exercise/Conversion
Employee Stock Option (Right to Buy)
2007-03-08−1,229→ 1,583 totalExercise: $23.54From: 2006-03-18Exp: 2015-03-18→ Common Stock (1,229 underlying) - Exercise/Conversion
Common Stock
2007-03-08$23.54/sh−1,229$28,931→ 44,092 total - Tax Payment
Common Stock
2007-03-12$48.81/sh−156$7,614→ 42,863 total - Sale
Common Stock
2007-03-08$48.12/sh−1,172$56,401→ 42,863 total - Sale
Common Stock
2007-03-08$48.25/sh−5,000$241,234→ 42,863 total - Exercise/Conversion
Common Stock
2007-03-08$23.57/sh+1,172$27,624→ 44,035 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2007-03-08−23,439→ 32,812 totalExercise: $23.07From: 2005-11-01Exp: 2014-11-01→ Common Stock (23,439 underlying) - Exercise/Conversion
Common Stock
2007-03-08$23.07/sh+5,000$115,350→ 47,863 total - Sale
Common Stock
2007-03-08$48.12/sh−1,229$59,144→ 42,863 total - Sale
Common Stock
2007-03-08$48.12/sh−3,439$165,496→ 42,863 total - Exercise/Conversion
Common Stock
2007-03-08$23.07/sh+3,439$79,338→ 46,302 total
Footnotes (2)
- [F1]The reporting person is the recipient of a grant of restricted stock, the terms of which provide that upon vesting, shares will be automatically sold sufficient to cover Varian Semiconductor's tax withholding obligation with respect to such vesting. This sale was effected pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934.
- [F2]Options vest in three equal installments, beginning one year from the date of grant.