Home > Insider Trading > Filing (0001181431-10-063351)

Filing Details

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
1417778	John Hertz	4000 North First Street San Jose CA 95134	Vp And Chief Financial Officer	No	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
Common Stock	Acquisiton	2010-12-20	12,500	$12.47	18,758	No	4	M	Direct
Common Stock	Disposition	2010-12-20	12,500	$32.62	6,258	No	4	S	Direct
Common Stock	Disposition	2010-12-21	1,258	$32.43	5,000	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	S	Direct
No	4	S	Direct

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	2010-12-20	12,500	$0.00	12,500	$12.47

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
25,000		2018-12-18	No	4	M	Direct

Footnotes

Amount reported includes shares subject to unvested Restricted Stock Awards.
Securities were sold pursuant to a 10b5-1 Trading Plan.
The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.45 to $32.82, 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.
The grant vests in four annual equal installments beginning December 18, 2009.