SEC Form 4 · accession 0001209191-15-006592
IGATE CORP · IGTE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Martin G McGuinn
Director
Period of report
Jan 22, 2015
Accepted (ET)
Jan 26, 2015 · 7:20 pm 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 | Jan 23, 2015 | S | 38,000 | $34.50 | D | 57,425 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Jan 22, 2015 | A | 430 | A | — | — | Common Stock | 430 | 430 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
- F2The restricted stock units vest on January 22, 2016. Half of the vested shares will be delivered to the reporting person on January 22, 2016 and the remaining half of the vested shares will be delivered to the reporting person upon the termination of service as a member of the Board of Directors of Issuer.