MYERS GREG 4
4 · ALTERA CORP · Filed May 7, 2010
Insider Transaction Report
Form 4
ALTERA CORPALTR
MYERS GREG
Director
Transactions
- Exercise/Conversion
Restricted Stock Unit (RSU)
2010-05-06−1,667→ 6,666 total→ Common Stock (1,667 underlying) - Disposition to Issuer
Restricted Stock Unit (RSU)
2010-05-06−1,666→ 3,333 total→ Common Stock (1,666 underlying) - Disposition to Issuer
Restricted Stock Unit (RSU)
2010-05-06−3,333→ 0 total→ Common Stock (3,333 underlying) - Exercise/Conversion
Common Stock
2010-05-06+1,667→ 3,334 total
Footnotes (3)
- [F1]Each Restricted Stock Unit represents a contingent right to receive one share of Altera common stock at no cost.
- [F2]Mr. Myers ceased to be a director of the Company effective May 6, 2010. The Compensation Committee of the board of director has voted on March 8, 2010 to accelerate the vesting of Mr. Myers - 3,334 shares that would have vested on May 13, 2010, such that 3,334 shares will be fully vested on May 6, 2010.
- [F3]The restricted stock units were cancelled upon Mr. Myers' retirement from the Board of Directors on May 6, 2010.