How did completion of the offer affect Semitool employee stock options, restricted stock units and restricted stock?
Each unexercised Semitool stock option, whether vested or unvested, that was outstanding immediately prior to 12:00 midnight on December 17, 2009 was canceled, and the holders of each such Semitool stock option are entitled to receive a payment in cash (without interest and less any required withholding tax) in an amount equal to the product of (i) the excess, if any, of: (A) $11.00 (the per share price paid in our offer) minus (B) the per share exercise price of the stock option, and (ii) the total number of shares of Semitool common stock subject to the unexercised portion of such stock option immediately prior to such time. If the per share exercise price was equal or greater than $11.00, then the stock option was canceled for no consideration.
