SEC Form 4 · accession 0001192482-15-000023
IGATE CORP · IGTE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Srinivas Kandula
Officer — EVP & Chief People Officer
Period of report
Feb 12, 2015
Accepted (ET)
Feb 17, 2015 · 11:49 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001024732
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 12, 2015 | M | 19,249 | $11.67 | A | 163,822 | D | |
| Common Stock | Feb 12, 2015 | S | 19,249 | $38.89 | D | 144,573 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F1 | $11.67 | Feb 12, 2015 | M | 19,249 | D | — | Apr 14, 2020 | Common Stock | 19,249 | 20,000 | D |
Explanation of responses
- F1The options vest quarterly over four years at a rate of 25% per year, commencing on April 14, 2011.