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Home > Insider Trading > Filing (0000921895-10-001838)

Filing Details

Accession Number:: 0000921895-10-001838
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2010-12-10 18:51:48
Reporting Period:: 2010-12-08

Filing Date:: 2010-12-10
Accepted Time:: 2010-12-10 18:51:48
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
1444286	Lawrence Scott	Ness Tower Atidim High-Tech Industrial Park, Bldg 4 Tel Aviv L3 61580	Pres., Ness Global Industries	No	Yes	No	No

Reported Non-Derivative Transactions

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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	11,250	$0.00	31,250	No	4	M	Direct
Common Stock, $.01 Par Value Per Share	Disposition	2010-12-09	11,250	$4.65	20,000	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

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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	11,250	$0.00	11,250	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
11,250			No	4	M	Direct

Footnotes

Each Restricted Stock unit represents a contingent right to receive one share of common stock of Ness Technologies, Inc.
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.