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LLTC » Topics » OPTION EXERCISES AND STOCK VESTED For Fiscal Year Ended June 28 , 2009

This excerpt taken from the LLTC DEF 14A filed Sep 23, 2009.

OPTION EXERCISES AND STOCK VESTED
For Fiscal Year Ended June 28, 2009

     The following table shows for the fiscal year ended June 28, 2009 certain information regarding options exercised by and stock awards vesting with respect to, the Named Executive Officers.

Option Awards Stock Awards
Number of Shares Value Realized on Number of Shares Value Realized on
Name of Executive Officer      Acquired on Exercise (#)      Exercise (1)($)      Acquired on Vesting (#)      Vesting (2)($)
Robert H. Swanson -- $-- 32,000   $ 703,920  
Lothar Maier  --   -- 25,000 616,450
Paul Coghlan  --     -- 14,667  

359,291
Robert C. Dobkin --   --   8,001 195,592
Donald E. Paulus --   -- 10,468 275,274
____________________
 
(1)       Value Realized on Exercise for Option Awards equals the difference between the option exercise price and the fair market value of the Company's common stock on the date of exercise, multiplied by the number of shares for which the option was exercised.
(2) Value Realized on Vesting for Stock Awards equals the fair market value of the Company's common stock on the vesting date, multiplied by the number of shares that vested on that date.

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"OPTION EXERCISES AND STOCK VESTED For Fiscal Year Ended June 28 , 2009" elsewhere:

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