Filing Details

Accession Number:
0000921895-10-001837
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-12-10 18:47:42
Reporting Period:
2010-12-08
Filing Date:
2010-12-10
Accepted Time:
2010-12-10 18:47:42
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1089638 Ness Technologies Inc (NSTC) Services-Computer Programming Services (7371) 980346908
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1419510 Holly Ripley-Boyd Ness Tower
Atidim High-Tech Industrial Park, Bldg 4
Tel Aviv L3 61580
Pres., Ness Software Prd. Labs No Yes No 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, $.01 Par Value Per Share Acquisiton 2010-12-08 5,625 $0.00 25,625 No 4 M Direct
Common Stock, $.01 Par Value Per Share Disposition 2010-12-09 1,861 $4.65 23,764 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock, $.01 Par Value Per Share Restricted Stock Unit Disposition 2010-12-08 5,625 $0.00 5,625 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
5,625 No 4 M Direct
Footnotes
  1. Each Restricted Stock Unit represents a contingent right to receive one share of common stock of Ness Technologies, Inc.
  2. The Restricted Stock Units vest as follows: 50% vest on December 8, 2010, an additional 25% vest on December 8, 2011 and the remaining 25% vest on December 8, 2012.