PeopleSupport, Inc. 4
4 · PeopleSupport, Inc. · Filed Nov 3, 2008
Insider Transaction Report
Form 4
PANU KRISH
Director
Transactions
- Disposition to Issuer
Restricted Stock Units
2008-10-30$12.25/sh−1,650$20,213→ 0 totalExercise: $0.00Exp: 2011-03-05→ Common Stock (1,650 underlying) - Disposition to Issuer
Stock Option (right to buy)
2008-10-30$3.75/sh−2,333$8,749→ 0 totalExercise: $8.50Exp: 2018-06-30→ Common Stock (2,333 underlying) - Disposition to Issuer
Stock Option (right to buy)
2008-10-30$0.79/sh−15,000$11,850→ 0 totalExercise: $11.46Exp: 2018-03-05→ Common Stock (15,000 underlying) - Disposition to Issuer
Common Stock
2008-10-30$12.25/sh−2,000$24,500→ 0 total(indirect: By Trust) - Disposition to Issuer
Restricted Stock Units
2008-10-30$12.25/sh−1,165$14,271→ 0 totalExercise: $0.00Exp: 2009-06-30→ Common Stock (1,165 underlying)
Footnotes (8)
- [F1]Disposed of pursuant to the merger agreement between the Issuer and Essar Services, Mauritius in exchange for $12.25 per share.
- [F2]This option provided for vesting quarterly over three years beginning on June 5, 2008, vesting in full on March 5, 2011.
- [F3]Pursuant to the merger agreement between the Issuer and Essar Services, Mauritius, all stock options (whether or not vested) were cancelled and converted into the right to receive a cash payment equal to the number of shares of the Issuer's common stock underlying the option multiplied by the amount, if any, that $12.25 exceeded the exercise price of this option, less any applicable withholding taxes.
- [F4]This option provided for vesting quarterly over one year beginning on June 30, 2008, vesting in full on June 30, 2009.
- [F5]RSU - No exercise price.
- [F6]This restricted stock unit provided for vesting annually in three equal installments beginning on March 5, 2009.
- [F7]Pursuant to the merger agreement between the Issuer and Essar Services, Mauritius, all restricted stock units were cancelled and converted into the right to receive a cash payment equal to the number of shares of the Issuer's common stock subject to this RSU multiplied by $12.25, less any applicable withholding taxes.
- [F8]This restricted stock unit provided for vesting in full on June 30, 2009.