4//SEC Filing
IGATE CORP 4
Accession 0001192482-15-000288
CIK 0001024732operating
Filed
Jun 30, 8:00 PM ET
Accepted
Jul 1, 4:06 PM ET
Size
15.0 KB
Accession
0001192482-15-000288
Insider Transaction Report
Form 4
IGATE CORPIGTE
Dunbar Webster Roy
Director
Transactions
- Disposition to Issuer
Stock Option (right to buy)
2011-01-19$32.09/sh−4,000$128,360→ 0 totalExercise: $15.91Exp: 2021-01-19→ Common Stock (4,000 underlying) - Disposition to Issuer
Restricted Stock Award
2014-04-14−2,880→ 0 totalExercise: $0.00→ Common Stock (2,880 underlying) - Disposition to Issuer
Stock Option (right to buy)
2010-11-03$27.39/sh−40,000$1,095,600→ 0 totalExercise: $20.61Exp: 2020-11-03→ Common Stock (40,000 underlying) - Disposition to Issuer
Common Stock
2015-07-01$48.00/sh−7,200$345,600→ 0 total - Disposition to Issuer
Restricted Stock Units
2015-01-22−430→ 0 totalExercise: $0.00→ Common Stock (430 underlying)
Footnotes (5)
- [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 was granted on November 3, 2010 and was scheduled to vest in five equal annual installments beginning on November 3, 2011. Pursuant to the terms of the Merger Agreement, this option was canceled in exchange for a cash payment of $1,095,600, 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 was granted on January 19, 2011and was scheduled to vest in five equal annual installments beginning on the January 19, 2012. Pursuant to the terms of the Merger Agreement, this option was canceled in exchange for a cash payment of $128,360, 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]The restricted stock was scheduled to vest over three years commencing on April 14, 2015 at a rate of 33.33% per year.
- [F5]The restricted stock units were scheduled to vest on January 22, 2016. Half of the vested shares were to be delivered on January 22, 2016, and the remaining half of the vested shares were to be delivered to the reporting person upon the termination of the 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.
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, 4:06 PM ET
- Size
- 15.0 KB