FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public
Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Ronde Pascal 		2. Issuer Name and Ticker or Trading Symbol

Verigy Ltd. [ VRGY ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
VP, Sales, Service and Support
(Last)          (First)          (Middle)

LES CONQUERANTS-BATIMENT 1, AVENUE DE L'ATLANTIQUE 		3. Date of Earliest Transaction (MM/DD/YYYY)

3/6/2008
(Street)

LES ULIS 91940
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
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 Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 		2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8) 		4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 		2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8) 		5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4) 		8. Price of Derivative Security
(Instr. 5) 		9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (Right to Buy)   $18.82   3/6/2008     A     8750.   (1)      3/7/2012   (2) 12/11/2014   Ordinary Shares   8750.   $0   8750.   D    

Explanation of Responses:
( 1)  This is the 2nd tranche of an option award that is divided into four grants, each comprised of 25% of the total number of shares awarded. The first tranche was granted 12/12/2007 and becomes vested in 16 equal quarterly installments, with the first installment vesting on 3/13/2008. The 3rd and 4th tranches will be granted as of the 11th business day following Verigy's announcement of its financial results for the quarters ending 4-30-08 and 7-31-08, respectively. If the grant date for any tranche falls during a Closed Period (as defined by Section L. 255-177 of the French Commerical Code), then the grant shall take place on the next trading day following the expiration of the Closed Period. The 3rd and 4th tranches become vested in 14 and 13 equal quarterly installments, respectively, with the 1st installment of 9-13-08 and 12-13-08, respectively. Each tranche shall first become exericsable on that date that is 4 years and one day following the date on which such tranche was granted.
( 2)  The option becomes vested in 15 quarterly installments, with the first installment on 6/13/2008, and it becomes exercisable on 3-7-2012.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Ronde Pascal
LES CONQUERANTS-BATIMENT 1
AVENUE DE L'ATLANTIQUE
LES ULIS 91940

VP, Sales, Service and Support

Signatures
Pascal Ronde by Paul R. Moore, Attorney-In-Fact 3/7/2008
** 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 4(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 control number.
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