Filing Details

Accession Number:
0001181431-11-016937
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-03-09 12:00:00
Reporting Period:
2011-03-07
Filing Date:
2011-03-09
Accepted Time:
2011-03-09 20:29:43
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
836106 Novellus Systems Inc NVLS Special Industry Machinery, Nec (3559) 770024666
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1185713 Richard Hill 4000 North First Street
San Jose CA 95134
Ceo Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2011-03-07 1,200 $27.48 7,057 No 4 M Indirect By Spouse
Common Stock Disposition 2011-03-07 1,000 $40.55 6,057 No 4 S Indirect By Spouse
Common Stock Disposition 2011-03-07 200 $41.10 5,857 No 4 S Indirect By Spouse
Common Stock Acquisiton 2011-03-07 1,200 $24.76 7,057 No 4 M Indirect By Spouse
Common Stock Disposition 2011-03-07 1,000 $40.56 6,057 No 4 S Indirect By Spouse
Common Stock Disposition 2011-03-07 200 $41.10 5,857 No 4 S Indirect By Spouse
Common Stock Acquisiton 2011-03-07 900 $33.39 6,757 No 4 M Indirect By Spouse
Common Stock Disposition 2011-03-07 900 $40.69 5,857 No 4 S Indirect By Spouse
Common Stock Acquisiton 2011-03-07 400 $26.15 6,257 No 4 M Indirect By Spouse
Common Stock Disposition 2011-03-07 400 $40.69 5,857 No 4 S Indirect By Spouse
Common Stock Acquisiton 2011-03-07 400 $12.47 6,257 No 4 M Indirect By Spouse
Common Stock Disposition 2011-03-07 400 $40.66 5,857 No 4 S Indirect By Spouse
Common Stock Acquisiton 2011-03-07 100 $23.93 5,957 No 4 M Indirect By Spouse
Common Stock Disposition 2011-03-07 100 $40.82 5,857 No 4 S Indirect By Spouse
Common Stock Acquisiton 2011-03-07 2,500 $27.51 8,357 No 4 M Indirect By Spouse
Common Stock Disposition 2011-03-07 2,300 $40.62 6,057 No 4 S Indirect By Spouse
Common Stock Disposition 2011-03-07 200 $41.08 5,857 No 4 S Indirect By Spouse
Common Stock Acquisiton 2011-03-07 2,700 $29.24 8,557 No 4 M Indirect By Spouse
Common Stock Disposition 2011-03-07 2,500 $40.61 6,057 No 4 S Indirect By Spouse
Common Stock Disposition 2011-03-07 200 $41.13 5,857 No 4 S Indirect By Spouse
Common Stock Acquisiton 2011-03-07 1,200 $31.24 7,057 No 4 M Indirect By Spouse
Common Stock Disposition 2011-03-07 1,000 $40.57 6,057 No 4 S Indirect By Spouse
Common Stock Disposition 2011-03-07 200 $41.10 5,857 No 4 S Indirect By Spouse
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Indirect By Spouse
No 4 S Indirect By Spouse
No 4 S Indirect By Spouse
No 4 M Indirect By Spouse
No 4 S Indirect By Spouse
No 4 S Indirect By Spouse
No 4 M Indirect By Spouse
No 4 S Indirect By Spouse
No 4 M Indirect By Spouse
No 4 S Indirect By Spouse
No 4 M Indirect By Spouse
No 4 S Indirect By Spouse
No 4 M Indirect By Spouse
No 4 S Indirect By Spouse
No 4 M Indirect By Spouse
No 4 S Indirect By Spouse
No 4 S Indirect By Spouse
No 4 M Indirect By Spouse
No 4 S Indirect By Spouse
No 4 S Indirect By Spouse
No 4 M Indirect By Spouse
No 4 S Indirect By Spouse
No 4 S Indirect By Spouse
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Non-Qualified Stock Option (Right to Buy) Disposition 2011-03-07 2,500 $0.00 2,500 $27.51
Common Stock Non-Qualified Stock Option (Right to Buy) Disposition 2011-03-07 2,700 $0.00 2,700 $29.24
Common Stock Non-Qualified Stock Option (Right to Buy) Disposition 2011-03-07 1,200 $0.00 1,200 $31.24
Common Stock Non-Qualified Stock Option (Right to Buy) Disposition 2011-03-07 1,200 $0.00 1,200 $27.48
Common Stock Non-Qualified Stock Option (Right to Buy) Disposition 2011-03-07 1,200 $0.00 1,200 $24.76
Common Stock Non-Qualified Stock Option (Right to Buy) Disposition 2011-03-07 900 $0.00 900 $33.39
Common Stock Non-Qualified Stock Option (Right to Buy) Disposition 2011-03-07 400 $0.00 400 $26.15
Common Stock Non-Qualified Stock Option (Right to Buy) Disposition 2011-03-07 400 $0.00 400 $12.47
Common Stock Non-Qualified Stock Option (Right to Buy) Disposition 2011-03-07 100 $0.00 100 $23.93
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
7,500 2012-08-15 No 4 M Indirect
8,010 2012-12-13 No 4 M Indirect
3,800 2014-06-11 No 4 M Indirect
3,800 2014-12-16 No 4 M Indirect
3,800 2015-12-15 No 4 M Indirect
3,100 2016-12-14 No 4 M Indirect
1,569 2017-12-13 No 4 M Indirect
1,588 2018-12-18 No 4 M Indirect
900 2019-12-17 No 4 M Indirect
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 2,582 Indirect By 401(k)
Common Stock 155,116 Direct
Footnotes
  1. Securities were sold pursuant to a 10b5-1 Trading Plan.
  2. The indirect holdings by Mr. Hill's 401(k) are held in the Company unitized stock fund. The balance is reported as of the last business day.
  3. The indirect holdings by Mrs. Hill include 2,284 estimated shares held in her Company 401(k) unitized stock fund. The balance is reported as of the last business day. The remaining shares are held in common stock.
  4. The grant vests in four annual equal installments beginning December 13, 2003.
  5. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.07 to $41.01, inclusive. The reporting person undertakes to provide to Novellus Systems, Inc., any security holder of Novellus Systems, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
  6. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.05 to $41.04, inclusive. The reporting person undertakes to provide to Novellus Systems, Inc., any security holder of Novellus Systems, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
  7. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.07 to $41.12, inclusive. The reporting person undertakes to provide to Novellus Systems, Inc., any security holder of Novellus Systems, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
  8. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.08 to $41.12, inclusive. The reporting person undertakes to provide to Novellus Systems, Inc., any security holder of Novellus Systems, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
  9. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.05 to $40.82, inclusive. The reporting person undertakes to provide to Novellus Systems, Inc., any security holder of Novellus Systems, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
  10. The grant vests 12,500 shares on June 11, 2005 and 37,500 shares on November 15, 2005.
  11. The grant vests in four annual equal installments beginning December 16, 2005.
  12. The grant vests in four annual equal installments beginning December 15, 2006.
  13. The grant vests in four annual equal installments beginning December 14, 2007.
  14. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.25 to $41.12, inclusive. The reporting person undertakes to provide to Novellus Systems, Inc., any security holder of Novellus Systems, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
  15. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.09 to $41.02, inclusive. The reporting person undertakes to provide to Novellus Systems, Inc., any security holder of Novellus Systems, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
  16. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.05 to $41.02, inclusive. The reporting person undertakes to provide to Novellus Systems, Inc., any security holder of Novellus Systems, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
  17. The grant vests in four annual equal installments beginning August 15, 2003.
  18. The grant vests in four annual equal installments beginning December 13, 2008.
  19. The grant vests in four annual equal installments beginning December 18, 2009.
  20. The grant vests in four annual equal installments beginning December 17, 2010.
  21. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.05 to $40.83, inclusive. The reporting person undertakes to provide to Novellus Systems, Inc., any security holder of Novellus Systems, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
  22. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.05 to $40.83, inclusive. The reporting person undertakes to provide to Novellus Systems, Inc., any security holder of Novellus Systems, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
  23. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.08 to $41.18, inclusive. The reporting person undertakes to provide to Novellus Systems, Inc., any security holder of Novellus Systems, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
  24. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.07 to $41.12, inclusive. The reporting person undertakes to provide to Novellus Systems, Inc., any security holder of Novellus Systems, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.