Filing Details

Accession Number:
0001181431-10-053162
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-11-03 14:13:02
Reporting Period:
2010-11-01
Filing Date:
2010-11-03
Accepted Time:
2010-11-03 14:13:02
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1024732 Igate Corp IGTE Services-Computer Programming Services (7371) 251802235
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1033249 Sunil Wadhwani 6528 Kaiser Drive
Freemont CA 94555
Yes No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2010-11-01 515,000 $0.00 10,606,551 No 5 G Direct
Common Stock Disposition 2010-11-01 415,000 $20.08 10,191,551 No 4 S Direct
Common Stock Disposition 2010-11-02 85,000 $20.10 10,106,551 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 5 G Direct
No 4 S Direct
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 60,124 Indirect By Wadhwani Partners No. 2 LP
Common Stock 1,820,000 Indirect By Wadhwani Partners No. 1 LP
Footnotes
  1. Represents a gift to the Sunil and Nita Wadhwani Family Foundation, a non-profit charitable foundation under Section 501(c)(3) of the Internal Revenue Code.
  2. The price reported in this Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.00 to $20.73, inclusive. The reporting person undertakes to provide to iGATE Corporation, any security holder of iGATE Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2) and (3) of this Form 4.
  3. The price reported in this Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.00 to $20.2050, inclusive.
  4. These shares were owned directly by Wadhwani Partners No. 2 LP and indirectly by Mr. Sunil Wadhwani as majority-in-interest general partner of this partnership. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
  5. These shares are owned directly by Wadhwani Partners No. 1 LP and indirectly by Mr. Sunil Wadhwani as majority-in-interest general partner of this partnership. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.