PLOFSKY JORDAN 4
4 · ALTERA CORP · Filed Feb 28, 2011
Insider Transaction Report
Form 4
ALTERA CORPALTR
PLOFSKY JORDAN
Sr VP & GM Penang Operation
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2011-02-25+39,000→ 39,000 totalExercise: $42.63From: 2012-07-31Exp: 2021-02-25→ Common Stock (39,000 underlying) - Award
Restricted Stock Unit (RSU)
2011-02-25+28,000→ 46,000 total→ Common Stock (28,000 underlying)
Footnotes (4)
- [F1]The per share exercise price for the Shares to be issued pursuant to exercise of an option shall be no less than 100% of the Fair Market Value per share on the date of Grant.
- [F2]Subject to the reporting person's continuing employment and the provisions in the Company's standard form of stock option agreement, the shares shall vest over a four-year period at a rate of 25% annually commencing July 31, 2011.
- [F3]Each Restricted Stock Unit represents a contingent right to receive one share of Altera common stock at no cost.
- [F4]Subject to the reporting person's continuing employment and the provisions in the Company's standard form of RSU award agreement, the shares will vest over a four-year period at a rate of 25% annually commencing July 31, 2011.