4//SEC Filing
Veluswamy Veerasundar 4
Accession 0001140361-10-030000
CIK 0001016439other
Filed
Jul 21, 8:00 PM ET
Accepted
Jul 22, 12:55 PM ET
Size
6.4 KB
Accession
0001140361-10-030000
Insider Transaction Report
Form 4
INTELLIGROUP INCITIG
Veluswamy Veerasundar
Global Financial Controller
Transactions
- Disposition to Issuer
Common Stock Options (right to buy)
2010-07-20$2.50/sh−25,000$62,500→ 0 totalExercise: $2.15Exp: 2018-01-25→ Common Stock, $0.01 par value per share (25,000 underlying)
Footnotes (1)
- [F1]Pursuant to the Agreement and Plan of Merger by and among NTT Data Corporation ("Parent"), Mobius Subsidiary Corporation ("Purchaser") and Intelligroup, Inc. (the "Company") dated as of June 14, 2010 (the "Merger Agreement"), each option to purchase shares of the Company's common stock, par value $0.01 per share, was automatically cancelled and converted into the right to receive a cash payment (without interest) equal to the product of (i) the excess, if any, of (x) the Per Share Amount (as defined in the Merger Agreement) over (y) the per share exercise price of such option, and (ii) the number of shares of common stock that were issuable upon exercise of such option immediately prior to the Effective Time (as defined in the Merger Agreement).
Documents
Issuer
INTELLIGROUP INC
CIK 0001016439
Entity typeother
Related Parties
1- filerCIK 0001434481
Filing Metadata
- Form type
- 4
- Filed
- Jul 21, 8:00 PM ET
- Accepted
- Jul 22, 12:55 PM ET
- Size
- 6.4 KB