Home/Filings/4/0001019687-08-004793
4//SEC Filing

PeopleSupport, Inc. 4

Accession 0001019687-08-004793

CIK 0001289001operating

Filed

Nov 2, 7:00 PM ET

Accepted

Nov 3, 9:17 PM ET

Size

17.8 KB

Accession

0001019687-08-004793

Insider Transaction Report

Form 4
Period: 2008-10-30
Bledsoe Richard Vance JR
SVP & GM, Bus, Proc. Solutions
Transactions
  • Disposition to Issuer

    Common Stock

    2008-10-30$12.25/sh14,063$172,2720 total
  • Disposition to Issuer

    Stock Option (right to buy)

    2008-10-30$0.61/sh50,000$30,5000 total
    Exercise: $11.64Exp: 2017-10-26Common Stock (50,000 underlying)
  • Disposition to Issuer

    Restricted Stock Units

    2008-10-30$12.25/sh16,667$204,1710 total
    Exercise: $0.00Exp: 2010-10-26Common Stock (16,667 underlying)
  • Disposition to Issuer

    Restricted Stock Units

    2008-10-30$12.25/sh6,667$81,6710 total
    Exercise: $0.00Exp: 2010-06-11Common Stock (6,667 underlying)
  • Disposition to Issuer

    Restricted Stock Units

    2008-10-30$12.25/sh12,500$153,1250 total
    Exercise: $0.00Exp: 2010-03-05Common Stock (12,500 underlying)
  • Disposition to Issuer

    Restricted Stock Units

    2008-10-30$12.25/sh58,500$716,6250 total
    Exercise: $0.00Exp: 2010-10-11Common Stock (58,500 underlying)
Footnotes (9)
  • [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 as to 25% of the shares on October 26, 2008 and monthly thereafter in equal monthly installments for a period of three years.
  • [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]RSU - No exercise price.
  • [F5]This restricted stock unit provided for vesting annually in three equal installments beginning on March 5, 2008.
  • [F6]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.
  • [F7]This restricted stock unit provided for vesting annually in three equal installments beginning on June 11, 2008.
  • [F8]This restricted stock unit provided for vesting in full on October 11, 2010.
  • [F9]This restricted stock unit provided for vesting annually in three equal installments beginning on October 26, 2008.

Issuer

PeopleSupport, Inc.

CIK 0001289001

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001289001

Filing Metadata

Form type
4
Filed
Nov 2, 7:00 PM ET
Accepted
Nov 3, 9:17 PM ET
Size
17.8 KB