This excerpt taken from the TSRA DEFA14A filed Apr 3, 2009.
The following Frequently Asked Questions (FAQ) was prepared by Tessera Technologies, Inc. (Tessera or the Company) to address common questions that you may have about the proposed stock option exchange program (the Option Exchange Program). Stockholder approval of the Option Exchange Program, which is required, will be solicited at our annual meeting of stockholders, scheduled for May 19, 2009.
The information in this FAQ is based on the information contained in our proxy statement filed with the Securities and Exchange Commission (SEC) on April 3, 2009. Even if stockholders approve the Option Exchange Program, the Board of Directors (Board) or the Compensation Committee of the Board (Compensation Committee) may still later determine not to implement the program. The information in this FAQ is provided as of April 3, 2009 and does not contain complete details about the Option Exchange Program. Additional information about the proposed Option Exchange Program is available in our proxy statement. For access to the proxy statement, please visit http://ir.tessera.com or http://www.sec.gov. Due to legal requirements, Tessera cannot advise you as to whether or not it will make sense for you to participate in the Option Exchange Program.