MURTHY PHANEESH 4
4 · IGATE CORP · Filed Mar 6, 2013
Insider Transaction Report
Form 4
IGATE CORPIGTE
MURTHY PHANEESH
DirectorPresident and CEO
Transactions
- Award
Common Stock
2013-03-04+190,439→ 799,751 total - Sale
Common Stock
2013-03-06$18.88/sh−104,459$1,972,186→ 695,292 total
Footnotes (2)
- [F1]190,439 shares of performance-based restricted stock vested pursuant to a Performance Share Award Agreement between the Issuer and the reporting person dated March 30, 2010 and a determination of eligibility by the Issuer's Compensation Committee on March 4, 2013.
- [F2]The shares were sold by the reporting person in a private sale and the proceeds of the sale were paid directly to the Issuer to satisfy the reporting person's tax withholding obligations related to the above-mentioned vesting of 190,439 shares of performance-based restricted stock.