Zinderman Michael 4
4 · NESS TECHNOLOGIES INC · Filed Dec 10, 2010
Insider Transaction Report
Form 4
NESS TECHNOLOGIES INC(NSTC)
Zinderman Michael
Pres., Technologies & Systems
Transactions
- Exercise/Conversion
Common Stock, $.01 par value per share
2010-12-08+11,250→ 31,250 total - Exercise/Conversion
Restricted Stock Unit
2010-12-08−11,250→ 11,250 total→ Common Stock, $.01 par value per share (11,250 underlying)
Footnotes (2)
- [F1]Each Restricted Stock Unit represents a contingent right to receive one share of common stock of Ness Technologies, Inc.
- [F2]The Restricted Stock Units vest as follows: 50% vest on December 8, 2010, an additional 25% vest on December 8, 2011 and the remaining 25% vest on December 8, 2012.