SEC Form 4 · accession 0001209191-18-047174
SYNTEL INC · SYNT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Rakesh Khanna
Officer — CEO and President · Director
Period of report
Aug 15, 2018
Accepted (ET)
Aug 16, 2018 · 6:24 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001040426
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Aug 15, 2018 | A | 23,614 | $0.00 | A | 140,072 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This amount represents Syntel restricted stock units. Each Syntel restricted stock unit granted on August 15, 2018 that remains outstanding when the proposed merger with Atos S.E. is completed, subject to meeting all requirements for consummation of the proposed merger, will be converted into Atos restricted stock units that will continue to vest in accordance with the original vesting schedule of such Syntel restricted stock units, subject to acceleration in full on a qualifying termination of employment.
- F2Granted pursuant to the Syntel, Inc. 2016 Incentive Plan.