4//SEC Filing
IGATE CORP 4
Accession 0001192482-15-000284
CIK 0001024732operating
Filed
Jun 30, 8:00 PM ET
Accepted
Jul 1, 4:05 PM ET
Size
20.4 KB
Accession
0001192482-15-000284
Insider Transaction Report
Form 4
IGATE CORPIGTE
MCGUINN MARTIN G
Director
Transactions
- Disposition to Issuer
Stock Option (right to buy)
2009-07-06$41.34/sh−22,000$909,480→ 0 totalExercise: $6.66Exp: 2019-07-06→ Common Stock (22,000 underlying) - Disposition to Issuer
Common Stock
2015-07-01$48.00/sh−57,425$2,756,400→ 0 total - Disposition to Issuer
Stock Option (right to buy)
2014-07-07$9.06/sh−1,091$9,884→ 0 totalExercise: $38.94Exp: 2024-07-07→ Common Stock (1,091 underlying) - Disposition to Issuer
Restricted Stock Units
2014-07-07−1,092→ 0 totalExercise: $0.00→ Common Stock (1,092 underlying) - Disposition to Issuer
Restricted Stock Units
2015-01-22−430→ 0 totalExercise: $0.00→ Common Stock (430 underlying) - Disposition to Issuer
Stock Option (right to buy)
2009-10-20$39.07/sh−3,000$117,210→ 0 totalExercise: $8.93Exp: 2019-10-20→ Common Stock (3,000 underlying) - Disposition to Issuer
Restricted Stock Units
2015-03-30−257→ 0 totalExercise: $0.00→ Common Stock (257 underlying)
Footnotes (7)
- [F1]Disposed of pursuant to the merger agreement among Issuer and Cap Gemini, S.A., CapGemini North America, Inc. and LaPorte Merger Sub, Inc. in exchange for a cash payment of $48.00 per share.
- [F2]This option, originally representing a right to purchase 110,000 shares, was granted on July 6, 2009 and vested in five equal annual installments beginning on July 6, 2010. Pursuant to the terms of the Merger Agreement, this option was canceled in exchange for a cash payment of $909,480, representing the aggregate difference between the merger consideration of $48.00 per share and the exercise price of the option on the effective date of the merger.
- [F3]This option, originally representing a right to purchase 15,000 shares, was granted on October 20, 2009 and vested in five equal annual installments beginning on October 20, 2010. Pursuant to the terms of the Merger Agreement, this option was canceled in exchange for a cash payment of $117,210, representing the aggregate difference between the merger consideration of $48.00 per share and the exercise price of the option on the effective date of the merger.
- [F4]This option was granted on July 7, 2014 and vested in three equal annual installments beginning on July 7, 2015. Pursuant to the terms of the Merger Agreement, this option was canceled in exchange for a cash payment of $9,884.46, representing the aggregate difference between the merger consideration of $48.00 per share and the exercise price of the option on the effective date of the merger.
- [F5]The restricted stock units were scheduled to vest on July 7, 2015. Half of the vested shares were to be delivered to the reporting person on July 7, 2015, and the remaining half of the vested shares were to be delivered to the reporting person upon the termination of service as a member of the Board of Directors of Issuer. These units were canceled in the merger in exchange for a cash payment of $48.00 per share.
- [F6]The restricted stock units were scheduled to vest on January 22, 2016. Half of the vested shares were to be delivered to the reporting person on January 22, 2016, and the remaining half of the vested shares were to be delivered to the reporting person upon the termination of service as a member of the Board of Directors of Issuer. These units were canceled in the merger in exchange for a cash payment of $48.00 per share.
- [F7]85 restricted stock units were scheduled to vest on July 7, 2015, 86 restricted stock units were scheduled to vest on July 7, 2016 and 86 restricted stock units were scheduled to vest on July 7, 2017. These units were canceled in the merger in exchange for a cash payment of $48.00 per share.
Documents
Issuer
IGATE CORP
CIK 0001024732
Entity typeoperating
IncorporatedPA
Related Parties
1- filerCIK 0001024732
Filing Metadata
- Form type
- 4
- Filed
- Jun 30, 8:00 PM ET
- Accepted
- Jul 1, 4:05 PM ET
- Size
- 20.4 KB