FREEMAN RICHARD 4
4 · CHIPPAC INC · Filed Nov 4, 2003
Insider Transaction Report
Form 4
CHIPPAC INCCHPC
FREEMAN RICHARD
Former Chief Operating Officer
Transactions
- Sale
Class A Common Stock
2003-11-03$8.50/sh−31,600$268,632→ 91,063 total - Exercise/Conversion
Class A Common Stock
2003-11-03$3.75/sh+24,000$90,000→ 184,164 total - Sale
Class A Common Stock
2003-11-03$8.66/sh−5,500$47,619→ 14,064 total - Sale
Class A Common Stock
2003-11-03$8.68/sh−6,500$56,420→ 7,564 total - Exercise/Conversion
Employee Stock Option (right to buy)
2003-11-03$3.75/sh−24,000$90,000→ 36,000 totalExercise: $3.75→ Class A Common Stock (24,000 underlying) - Exercise/Conversion
Employee Stock Option (right to buy)
2003-11-03$2.88/sh−152,600$439,488→ 247,400 totalExercise: $2.88→ Class A Common Stock (152,600 underlying) - Sale
Class A Common Stock
2003-11-03$8.50/sh−61,501$522,759→ 122,663 total - Sale
Class A Common Stock
2003-11-03$8.58/sh−71,499$613,318→ 19,564 total - Exercise/Conversion
Class A Common Stock
2003-11-03$2.88/sh+152,600$439,488→ 160,164 total
Footnotes (4)
- [F1]The option vests over four years beginning December 20, 2001. 20% of the total vests in each of the first two years and 30% of the total vests in each of the last two years.
- [F2]Any portion of the option which has not been exercised prior to the termination of the reporting person's employment with ChipPAC, Inc. or any of its subsidiaries will expire on the earlier of: (i) six months after such termination date if such termination is due to the employee's death or disability, (ii) 30 days after such termination date if the termination is for any other reason than the employee's death or disability and (iii) December 20, 2010.
- [F3]The option vests over four years beginning March 22, 2002. 20% of the total vests in each of the first two years and 30% of the total vests in each of the last two years.
- [F4]Any portion of the option which has not been exercised prior to the termination of the reporting person's employment with ChipPAC, Inc. or any of its subsidiaries will expire on the earlier of: (i) six months after such termination date if such termination is due to the employee's death or disability, (ii) 30 days after such termination date if the termination is for any other reason than the employee's death or disability and (iii) March 22, 2011.