1934 Act Registration No. 1-14700 SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 OF THE SECURITIES EXCHANGE ACT OF 1934 For the month of February 2004 Taiwan Semiconductor Manufacturing Company Ltd. (Translation of Registrant's Name Into English) No. 8, Li-Hsin Rd. 6, Science-Based Industrial Park, Hsin-Chu, Taiwan (Address of Principal Executive Offices) (Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.) Form 20-F X Form 40-F ______ ----- (Indicate by check mark whether the registrant by furnishing the information contained in this form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.) Yes _______ No X ----- (If "Yes" is marked, indicated below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82: _______.) SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Taiwan Semiconductor Manufacturing Company Ltd. Date: February 20, 2004 By /s/ Lora Ho ------------------------------ Lora Ho Vice President & Chief Financial Officer TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED This is to report the grant of Employee Stock Options in February 2004. ------------------------------------------------------------------------------------------------------------------- ESOP Granted February 2004 ------------------------------------------------------------------------------------------------------------------- Approval Date by the Securities and Futures Commission 10/29/2003 ------------------------------------------------------------------------------------------------------------------- Issue (Grant) Date 02/19/2004 ------------------------------------------------------------------------------------------------------------------- Number of Shares Issued 15,720 ------------------------------------------------------------------------------------------------------------------- Percentage of Issued Shares to Outstanding Common Shares 0.00008% ------------------------------------------------------------------------------------------------------------------- Source of Option Shares New Common Share ------------------------------------------------------------------------------------------------------------------- Grant Price Per Shares NT$63.5 ------------------------------------------------------------------------------------------------------------------- Option Duration 10 years ------------------------------------------------------------------------------------------------------------------- Vesting Schedule 2nd Year: up to 50% 3rd Year: up to 75% 4th Year: up to 100% ===================================================================================================================