4//SEC Filing
NESS TECHNOLOGIES INC 4
Accession 0000921895-06-002334
CIK 0001089638operating
Filed
Nov 12, 7:00 PM ET
Accepted
Nov 13, 10:31 AM ET
Size
24.9 KB
Accession
0000921895-06-002334
Insider Transaction Report
Form 4
Onn Shai
EVP, B. Development & Strategy
Transactions
- Sale
Common Stock, $.01 par value per share
2006-11-08$14.75/sh−65$959→ 0 total(indirect: By Destiny Ventures Ltd.) - Conversion
Option (right to buy)
2006-11-06$8.47/sh−21,579$182,774→ 0 total(indirect: By Destiny Ventures Ltd.)Exercise: $8.47From: 2004-01-01Exp: 2008-12-31→ Common Stock, $.01 par value per share (21,579 underlying) - Tax Payment
Common Stock, $.01 par value per share
2006-11-06$14.80/sh−12,349$182,765→ 9,230 total(indirect: By Destiny Ventures Ltd.) - Conversion
Common Stock, $.01 par value per share
2006-11-06$8.47/sh+21,579$182,774→ 21,579 total(indirect: By Destiny Ventures Ltd.) - Tax Payment
Common Stock, $.01 par value per share
2006-11-07$14.49/sh−21,423$310,419→ 16,340 total(indirect: By Destiny Ventures Ltd.) - Tax Payment
Common Stock, $.01 par value per share
2006-11-08$14.75/sh−269$3,968→ 65 total(indirect: By Destiny Ventures Ltd.) - Conversion
Option (right to buy)
2006-11-07$8.47/sh−37,763$319,853→ 12,588 total(indirect: By Destiny Ventures Ltd.)Exercise: $8.47From: 2004-06-30Exp: 2008-12-31→ Common Stock, $.01 par value per share (37,763 underlying) - Conversion
Common Stock, $.01 par value per share
2006-11-07$8.47/sh+37,763$319,853→ 37,763 total(indirect: By Destiny Ventures Ltd.) - Conversion
Option (right to buy)
2006-11-08$11.82/sh−334$3,948→ 24,842 total(indirect: By Destiny Ventures Ltd.)Exercise: $11.82Exp: 2010-12-31→ Common Stock, $.01 par value per share (334 underlying) - Conversion
Common Stock, $.01 par value per share
2006-11-08$11.82/sh+334$3,948→ 334 total(indirect: By Destiny Ventures Ltd.) - Sale
Common Stock, $.01 par value per share
2006-11-06$14.80/sh−9,230$136,604→ 0 total(indirect: By Destiny Ventures Ltd.) - Sale
Common Stock, $.01 par value per share
2006-11-07$14.49/sh−16,340$236,767→ 0 total(indirect: By Destiny Ventures Ltd.)
Footnotes (2)
- [F1]These options vest and become exercisable with respect to 50% of the underlying shares on July 1, 2005, with respect to 25% of the underlying shares on July 1, 2006 and with respect to the remaining 25% of the underlying shares on July 1, 2007.
- [F2]These options vest and become exercisable in three equal installments on each of January 1, 2005, January 1, 2006 and January 1, 2007.
Documents
Issuer
NESS TECHNOLOGIES INC
CIK 0001089638
Entity typeoperating
Related Parties
1- filerCIK 0001089638
Filing Metadata
- Form type
- 4
- Filed
- Nov 12, 7:00 PM ET
- Accepted
- Nov 13, 10:31 AM ET
- Size
- 24.9 KB