MACKEY MARLIN 4
4 · SYNTEL INC · Filed Aug 28, 2003
Insider Transaction Report
Form 4
SYNTEL INCSYNT
MACKEY MARLIN
Senior Vice President
Transactions
- Exercise/Conversion
Common Stock
2003-08-27$11.31/sh+2,000$22,620→ 43,071 total - Sale
Common Stock
2003-08-27$25.06/sh−2,000$50,119→ 41,071 total - Exercise/Conversion
Employee Stock Option (right to buy)
2003-08-27−2,000→ 3,000 totalExercise: $11.31From: 2000-01-01Exp: 2009-01-01→ Common Stock (2,000 underlying) - Exercise/Conversion
Employee Stock Option (right to buy)
2003-08-26−7,455→ 9,000 totalExercise: $8.25From: 2000-10-29Exp: 2009-10-29→ Common Stock (7,455 underlying) - Exercise/Conversion
Common Stock
2003-08-26$8.25/sh+7,455$61,504→ 41,071 total
Holdings
- 30,000
Employee Stock Option (right to buy)
Exercise: $5.00From: 2002-01-17Exp: 2011-01-17→ Common Stock
Footnotes (4)
- [F1]The option vests in annual installments of 10%, 20%, 30%, and 40% of the shares subject to the option on the first, second, third, and fourth anniversaries (respectively) of the grant date.
- [F2]Granted pursuant to the Syntel, Inc. 1997 Stock Option and Incentive Plan.
- [F3]The option vests in annual installments of 25% of the shares subject to the option on the first four anniversary dates of the grant date.
- [F4]One share of common stock is received for each option exercised.