PRESTRIDGE JAMES A 4
4 · FORMFACTOR INC · Filed May 23, 2011
Insider Transaction Report
Form 4
FORMFACTOR INCFORM
PRESTRIDGE JAMES A
Director
Transactions
- Exercise/Conversion
Restricted Stock Units
2011-05-20−6,000→ 12,000 totalExercise: $0.00→ Common Stock (6,000 underlying) - Exercise/Conversion
Common Stock
2011-05-20+6,000→ 6,000 total - Award
Restricted Stock Units
2011-05-19+6,000→ 18,000 totalExercise: $0.00→ Common Stock (6,000 underlying)
Holdings
- 49,748(indirect: By Trust)
Common Stock
Footnotes (5)
- [F1]Represents vested shares of common stock issued pursuant to the conversion of 100% of the restricted stock units granted on May 20, 2010.
- [F2]Restricted Stock Units vest and become exercisable in 12 equal monthly installments with the vesting dates beginning on June 19, 2011 and ending on May 19, 2012. Settlement of vested Units into common stock will occur on the earlier of May 19, 2012 and the date the reporting person ceases to provide services to the Issuer, or thereafter, on the first market trading day in an open trading window under Issuer's insider trading policy if the applicable date is not a market trading day in an open trading window.
- [F3]If the reporting person ceases to provide services to the Issuer for any reason, all Restricted Stock Units that have not yet vested shall be forfeited without consideration except as provided in Section 9.5 of the Plan and any other agreements regarding award vesting and exercisability between the reporting person and Issuer, which agreement or form agreements are filed with the SEC.
- [F4]Restricted Stock Units vest and become exercisable in 12 equal monthly installments with the vesting dates beginning on June 20, 2010 and ending on May 20, 2011. Settlement of vested Units into common stock will occur on the earlier of May 20, 2011 and the date the reporting person ceases to provide services to the Issuer, or thereafter, on the first market trading day in an open trading window under Issuer's insider trading policy if the applicable date is not a market trading day in an open trading window.
- [F5]The restricted stock units released on May 20, 2011, were settled in shares of common stock, and were immediately cancelled upon settlement.