Home/Filings/4/0001019687-08-004794
4//SEC Filing

PeopleSupport, Inc. 4

Accession 0001019687-08-004794

CIK 0001289001operating

Filed

Nov 2, 7:00 PM ET

Accepted

Nov 3, 9:18 PM ET

Size

28.1 KB

Accession

0001019687-08-004794

Insider Transaction Report

Form 4
Period: 2008-10-30
Rosenzweig Lance
DirectorPres., CEO, Secy. & Chairman
Transactions
  • Disposition to Issuer

    Common Stock

    2008-10-30$12.25/sh3,649$44,7000 total(indirect: By Trust)
  • Disposition to Issuer

    Stock Option (right to buy)

    2008-10-30$5.02/sh112,500$564,7500 total
    Exercise: $7.23Exp: 2015-10-20Common Stock (112,500 underlying)
  • Disposition to Issuer

    Stock Option (right to buy)

    2008-10-30$0.61/sh12,500$7,6250 total
    Exercise: $11.64Exp: 2017-10-26Common Stock (12,500 underlying)
  • Disposition to Issuer

    Restricted Stock Units

    2008-10-30$12.25/sh130,000$1,592,5000 total
    Exercise: $0.00Exp: 2010-10-11Common Stock (130,000 underlying)
  • Disposition to Issuer

    Restricted Stock Units

    2008-10-30$12.25/sh11,667$142,9210 total
    Exercise: $0.00Exp: 2009-10-25Common Stock (11,667 underlying)
  • Disposition to Issuer

    Common Stock

    2008-10-30$12.25/sh116,369$1,425,5200 total(indirect: By Trust)
  • Disposition to Issuer

    Restricted Stock Units

    2008-10-30$12.25/sh25,000$306,2500 total
    Exercise: $0.00Exp: 2010-10-26Common Stock (25,000 underlying)
  • Disposition to Issuer

    Stock Option (right to buy)

    2008-10-3090,0000 total
    Exercise: $18.35Exp: 2016-10-25Common Stock (90,000 underlying)
  • Disposition to Issuer

    Common Stock

    2008-10-30$12.25/sh585,710$7,174,9480 total
  • Disposition to Issuer

    Stock Option (right to buy)

    2008-10-30$0.61/sh62,500$38,1250 total
    Exercise: $11.64Exp: 2018-03-04Common Stock (62,500 underlying)
  • Disposition to Issuer

    Stock Option (right to buy)

    2008-10-30$11.84/sh38,778$459,1320 total
    Exercise: $0.41Exp: 2014-01-30Common Stock (38,778 underlying)
Footnotes (14)
  • [F1]Disposed of pursuant to the merger agreement between the Issuer and Essar Services, Mauritius in exchange for $12.25 per share.
  • [F10]RSU - No exercise price.
  • [F11]This restricted stock unit provided for vesting in full on October 11, 2010.
  • [F12]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.
  • [F13]This restricted stock unit provided for vesting annually in three equal installments beginning on October 25, 2007.
  • [F14]This restricted stock unit provided for vesting annually in three equal installments beginning on October 26, 2008.
  • [F2]Held by the Rosenzweig 2004 Irrevocable Trust, for which the reporting person is a trustee.
  • [F3]Held by the C/F Rebecca Rosensweig CA UGMA, for which the reporting person is a trustee.
  • [F4]This option provided for vesting as to 25% of the shares on January 30, 2005 and monthly thereafter in equal monthly installments for a period of three years.
  • [F5]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.
  • [F6]This option provided for vesting as to 25% of the shares on October 20, 2006 and monthly installments for a period of three years.
  • [F7]This option provided for vesting as to 25% of the shares on October 25, 2007 and monthly installments for a period of three years.
  • [F8]This option provided for vesting as to 25% of the shares on October 26, 2008 and monthly installments for a period of three years.
  • [F9]This option provided for vesting as to 25% of the shares on March 4, 2009 and monthly installments for a period of three years.

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, 9:18 PM ET
Size
28.1 KB