Filing Details

Accession Number:
0001181431-10-023205
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-04-28 13:00:00
Reporting Period:
2010-04-26
Filing Date:
2010-04-28
Accepted Time:
2010-04-28 16:23:28
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 2010-04-26 1,839,502 $11.25 11,121,551 No 4 S Direct
Common Stock Disposition 2010-04-26 459,876 $11.25 60,124 No 4 S Indirect By Wadhwani Partners No. 2 LP
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Indirect By Wadhwani Partners No. 2 LP
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 1,820,000 Indirect By Wadhwani Partners No. 1 LP
Footnotes
  1. On April 26, 2010, pursuant to an underwriting agreement dated April 21, 2010, among iGATE Corporation (the "Company"), the selling shareholders named therein (the "Selling Shareholders") and Jefferies & Company, Inc., as representative of the underwriters named therein (the "Underwriters"), the Selling Shareholders sold 4,598,756 of their outstanding shares of the Company's common stock to the Underwriters at a per share price of $11.25 (for aggregate proceeds, before expenses, of $49,666,565).
  2. 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.
  3. 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.