MACKEY MARLIN 4
4 · SYNTEL INC · Filed Feb 18, 2004
Insider Transaction Report
Form 4
SYNTEL INCSYNT
MACKEY MARLIN
Senior Vice President
Transactions
- Exercise/Conversion
Common Stock
2004-02-17$8.25/sh+992$8,184→ 41,621 total - Sale
Common Stock
2004-02-17$30.00/sh−992$29,760→ 40,629 total - Exercise/Conversion
Employee Stock Option (right to buy)
2004-02-17−992→ 8,008 totalExercise: $8.25From: 2000-10-29Exp: 2009-10-29→ Common Stock (992 underlying)
Holdings
- 30,000
Employee Stock Option (right to buy)
Exercise: $5.00From: 2002-01-17Exp: 2011-01-17→ Common Stock (30,000 underlying)
Footnotes (3)
- [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.