PAPA GEORGE A 4
4 · ALTERA CORP · Filed Jul 30, 2012
Insider Transaction Report
Form 4
ALTERA CORPALTR
PAPA GEORGE A
Sr VP, Worldwide Sales
Transactions
- Award
Non-Qualified Stock Option (right to buy)
2012-07-30+9,308→ 9,308 totalExercise: $35.21Exp: 2022-07-30→ Common Stock (9,308 underlying) - Award
Restricted Stock Unit (RSU)
2012-07-30+7,240→ 7,240 totalExp: 2022-07-30→ Common Stock (7,240 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 Altera's standard form of stock option agreement, the options shall commence vesting on July 31, 2013 at a rate of 25% annually.
- [F3]Each Restricted Stock Unit ("RSU") represents a contingent right to receive at settlement one share of Altera common stock at no cost.
- [F4]Subject to the reporting person's continuing employment and the provisions in the Altera's standard form of RSU award agreement, the shares will commence vesting on July 31, 2013 at a rate of 25% annually. Shares will be delivered to the reporting person on such vest date.