Sames Milan 4
4 · NESS TECHNOLOGIES INC · Filed Jun 7, 2010
Insider Transaction Report
Form 4
NESS TECHNOLOGIES INC(NSTC)
Sames Milan
President, Ness CEE
Transactions
- Award
Option (right to buy)
2010-06-01+77,500→ 77,500 totalExercise: $5.10Exp: 2017-06-01→ Common Stock, $.01 par value per share (77,500 underlying) - Award
Restricted Stock Unit
2010-06-01+22,500→ 22,500 total→ Common Stock, $.01 par value per share (22,500 underlying)
Footnotes (3)
- [F1]These options will vest as follows: 50% will vest on June 1, 2012; an additional 25% will vest on June 1, 2013; and the remaining 25% will vest on June 1, 2014.
- [F2]Each restricted stock unit represents a contingent right to receive one share of common stock of Ness Technologies, Inc.
- [F3]These restricted stock units will vest as follows: 50% will vest on June 1, 2012; an additional 25% will vest on June 1, 2013; and the remaining 25% will vest on June 1, 2014.