NESS TECHNOLOGIES INC 4
4 · NESS TECHNOLOGIES INC · Filed Aug 6, 2008
Insider Transaction Report
Form 4
NESS TECHNOLOGIES INC(NSTC)
Fogel Aharon
DirectorOther
Transactions
- Sale
Common Stock, $.01 par value per share
2008-08-04$12.00/sh−50,000$600,000→ 0 total - Sale
Common Stock, $.01 par value per share
2008-08-05$12.12/sh−60,000$727,212→ 0 total - Exercise/Conversion
Option (right to buy)
2008-08-05−60,000→ 60,709 totalExercise: $8.47Exp: 2008-08-31→ Common Stock, $.01 par value per share (60,000 underlying) - Exercise/Conversion
Option (right to buy)
2008-08-04−50,000→ 120,709 totalExercise: $8.47Exp: 2008-08-31→ Common Stock, $.01 par value per share (50,000 underlying) - Exercise/Conversion
Common Stock, $.01 par value per share
2008-08-04$8.47/sh+50,000$423,500→ 50,000 total - Exercise/Conversion
Common Stock, $.01 par value per share
2008-08-05$8.47/sh+60,000$508,200→ 60,000 total
Footnotes (1)
- [F1]The reported transactions involved an outstanding option that was previously amended to extend the expiration date to August 31, 2008 from February 29, 2008, resulting in the deemed cancellation of an old option and the grant of a replacement option. Pursuant to the terms of the old option, the replacement option is currently exercisable.