Fogel Aharon 4
4 · NESS TECHNOLOGIES INC · Filed Aug 27, 2008
Insider Transaction Report
Form 4
NESS TECHNOLOGIES INC(NSTC)
Fogel Aharon
DirectorOther
Transactions
- Exercise/Conversion
Common Stock, $.01 par value per share
2008-08-25$8.47/sh+1,800$15,246→ 1,800 total - Exercise/Conversion
Option (right to buy)
2008-08-27−58,909→ 0 totalExercise: $8.47Exp: 2008-08-31→ Common Stock, $.01 par value per share (58,909 underlying) - Exercise/Conversion
Option (right to buy)
2008-08-25−1,800→ 58,909 totalExercise: $8.47Exp: 2008-08-31→ Common Stock, $.01 par value per share (1,800 underlying) - Disposition to Issuer
Common Stock, $.01 par value per share
2008-08-25$12.40/sh−1,800$22,320→ 0 total - Exercise/Conversion
Common Stock, $.01 par value per share
2008-08-27$8.47/sh+58,909$498,959→ 58,909 total - Disposition to Issuer
Common Stock, $.01 par value per share
2008-08-27$12.18/sh−58,909$717,606→ 0 total
Footnotes (1)
- [F1]The reported transactions involved the amendment of an outstanding option to extend the expiration date to August 31, 2008 from February 29, 2008, resulting in the deemed cancellation of the old option and the grant of a replacement option. Pursuant to the terms of the old option, the replacement option is immediately exercisable.