Lagioia Joseph J. 4
4 · NESS TECHNOLOGIES INC · Filed Jan 13, 2011
Insider Transaction Report
Form 4
NESS TECHNOLOGIES INC(NSTC)
Lagioia Joseph J.
Pres, Ness N America, ES & SPE
Transactions
- Award
Option (right to buy)
2011-01-11+75,000→ 75,000 totalExercise: $5.97Exp: 2018-01-11→ Common Stock, $.01 par value per share (75,000 underlying) - Award
Common Stock, $.01 par value per share
2011-01-11+25,000→ 25,000 total
Footnotes (2)
- [F1]Consists of restricted stock units (''RSUs''), each RSU representing a contingent right to receive one share of the Company's common stock. These RSUs vest as follows: 1/3 will vest on January 11, 2012; an additional 1/3 will vest on January 11, 2013; and the remaining 1/3 will vest on January 11, 2014.
- [F2]These options vest as follows: 1/3 will vest on January 11, 2012; an additional 1/3 will vest on January 11, 2013; and the remaining 1/3 will vest on January 11, 2014.