SEC FORM 3

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Wigley Stephen R

(Last)

(First)

(Middle)

LTX-CREDENCE CORPORATION

825 UNIVERSITY AVENUE

(Street)

NORWOOD

02062

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
11/23/2009

3. Issuer Name and Ticker or Trading Symbol
LTX-CREDENCE CORP [ LTXC ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Vice President Marketing

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	5,694	D
Restricted Stock Units	750⁽¹⁾⁽²⁾	D
Restricted Stock Units	2,500⁽¹⁾⁽³⁾	D
Restricted Stock Units	15,000⁽¹⁾⁽⁴⁾	D
Restricted Stock Units	25,000⁽¹⁾⁽⁵⁾	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Employee Stock Option (Right to Buy)	⁽⁶⁾	04/03/2015	Common Stock	2,000	$4.07	D
Employee Stock Option (Right to Buy)	⁽⁷⁾	12/08/2014	Common Stock	1,750	$7.8	D
Employee Stock Option (Right to Buy)	⁽⁸⁾	09/23/2014	Common Stock	3,250	$5.42	D
Employee Stock Option (Right to Buy)	⁽⁹⁾	09/18/2013	Common Stock	5,000	$13.83	D
Employee Stock Option (Right to Buy)	⁽¹⁰⁾	10/21/2012	Common Stock	5,000	$4.68	D
Employee Stock Option (Right to Buy)	⁽¹¹⁾	09/21/2011	Common Stock	5,000	$10.85	D
Employee Stock Option (Right to Buy)	⁽¹²⁾	09/17/2011	Common Stock	20,000	$13.52	D

Explanation of Responses:

1. Each restricted stock unit represents right to receive one share of LTX-Credence common stock.

2. The restricted stock units vest in full on September 13, 2010.

3. The restricted stock units vest in two equal annual installments beginning on September 19, 2010.

4. The restricted stock units vest in four equal annual installments beginning on April 13, 2010.

5. The restricted stock units vest in four equal annual installments beginning on September 28, 2010.

6. Options were performance based and are fully vested.

7. Options vested in four equal annual installments beginning on December 8, 2005.

8. Options vested in four equal annual installments beginning on September 23, 2005.

9. Options vested in four equal annual installments beginning on September 18, 2004.

10. Options vested in four equal annual installments beginning on October 21, 2003.

11. Options vested in four equal annual installments beginning on September 21, 2002.

12. Options vested in four equal annual installments beginning on September 17, 2002.

	/s/ Stephen R. Wigley	12/02/2009
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.