BENZING JEFFREY 4

4 · NOVELLUS SYSTEMS INC · Filed Dec 21, 2009

Form 4

Period: 2009-12-17

EVP/Chief Administrative Off.

Transactions

Tax Payment
Common Stock
2009-12-18$23.94/sh−137$3,280→ 11,764 total(indirect: By Spouse)
Exercise/Conversion
Restricted Stock Unit
2009-12-18−4,500→ 9,000 total
Exercise: $0.00From: 2009-12-18→ Common Stock (4,500 underlying)
Exercise/Conversion
Common Stock
2009-12-18+4,500→ 30,068 total
Tax Payment
Common Stock
2009-12-18$23.94/sh−1,650$39,501→ 28,418 total
Exercise/Conversion
Restricted Stock Unit
2009-12-18−375→ 1,125 total(indirect: By Spouse)
Exercise: $0.00From: 2009-12-18→ Common Stock (375 underlying)
Award
Restricted Stock Unit
2009-12-17+1,440→ 1,440 total(indirect: By Spouse)
Exercise: $0.00→ Common Stock (1,440 underlying)
Exercise/Conversion
Common Stock
2009-12-18+375→ 11,901 total(indirect: By Spouse)
Award
Stock Option (Right to Buy)
2009-12-17+2,875→ 2,875 total(indirect: By Spouse)
Exercise: $23.93Exp: 2019-12-17→ Common Stock (2,875 underlying)

Holdings

Footnotes (7)

[F1]Represents derivative securities that were converted to common stock through the vesting of a restricted stock unit.
[F2]Amount reported includes shares subject to unvested Restricted Stock Awards.
[F3]The indirect holdings in the 401(k) are held in the Company unitized stock fund. The balance is reported as of the last business day.
[F4]The indirect holdings by Mrs. Benzing include 1,204 estimated shares held in the Company 401K unitized stock fund. This balance is reported as of the last business day. The remaining shares are held in common stock and unvested restricted stock awards.
[F5]The grant vests in four annual equal installments beginning December 18, 2009.
[F6]Each restricted stock unit represents a contingent right to receive one share of NVLS common stock.
[F7]The grant vests in four annual equal installments beginning December 17, 2010.

Documents

1 file