SEC Form 4 · accession 0001209191-18-054666
SYNTEL INC · SYNT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bharat Desai
Officer — Co-Chairman · Director · 10% Owner
Period of report
Oct 9, 2018
Accepted (ET)
Oct 10, 2018 · 3:20 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 Stock | Jul 2, 2018 | G | 1,250,000 | $0.00 | D | 6,689,132 | D | |
| Common StockF1 | Oct 9, 2018 | D | 6,689,132 | $41.00 | D | 0 | D | |
| Common Stock | Jul 2, 2018 | G | 1,250,000 | $0.00 | D | 15,153,492 | I | By spouse (Neerja Sethi) |
| Common StockF2 | Oct 9, 2018 | D | 15,153,492 | $41.00 | D | 0 | I | By spouse (Neerja Sethi) |
| Common StockF3 | Oct 9, 2018 | D | 9,318,692 | $41.00 | D | 0 | I | By the NS trust dtd 2/28/97 I |
| Common StockF3 | Oct 9, 2018 | D | 9,318,692 | $41.00 | D | 0 | I | By the NS trust dtd 2/28/97 II |
| Common StockF3 | Oct 9, 2018 | D | 300,000 | $41.00 | D | 0 | I | By the BD trusts dtd 5/17/97 |
| Common StockF3 | Oct 9, 2018 | D | 300,000 | $41.00 | D | 0 | I | By the NS trusts dtd 5/17/97 |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares were disposed of in the merger described in the Agreement and Plan of Merger, dated as of July 20, 2018 (the "Merger Agreement"), among Atos S.E. ("Atos"), Syntel, Inc. (the "Issuer") and Green Merger Sub Inc.
- F2The number of securities reported represents (i) 15,145,616 shares of Common Stock of the Issuer, and (ii) 7,876 restricted stock units of the Issuer ("Issuer RSUs"), which were granted on or before July 20, 2018 and held by the reporting person. These shares were disposed of in the merger described in the Merger Agreement.
- F3These shares were disposed of in the merger described in the Merger Agreement.