SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
MCGUINN MARTIN G

(Last) (First) (Middle)
100 SOMERSET CORPORATE BOULEVARD

(Street)
BRIDGEWATER, NJ 08807

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
IGATE CORP [ IGTE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
07/01/2015
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 07/01/2015 D 57,425 D $48(1) 0 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (right to buy) $6.66 07/06/2009 D 22,000(1) (2) 07/06/2019 Common Stock 22,000 $41.34(2) 0 D
Stock Option (right to buy) $8.93 10/20/2009 D 3,000(1) (3) 10/20/2019 Common Stock 3,000 $39.07(3) 0 D
Stock Option (right to buy) $38.94 07/07/2014 D 1,091(1) (4) 07/07/2024 Common Stock 1,091 $9.06(4) 0 D
Restricted Stock Units $0 07/07/2014 D 1,092(1) (5) (5) Common Stock 1,092 $0 0 D
Restricted Stock Units $0 01/22/2015 D 430(1) (6) (6) Common Stock 430 $0 0 D
Restricted Stock Units $0 03/30/2015 D 257(1) (7) (7) Common Stock 257 $0 0 D
Explanation of Responses:
1. Disposed of pursuant to the merger agreement among Issuer and Cap Gemini, S.A., CapGemini North America, Inc. and LaPorte Merger Sub, Inc. in exchange for a cash payment of $48.00 per share.
2. This option, originally representing a right to purchase 110,000 shares, was granted on July 6, 2009 and vested in five equal annual installments beginning on July 6, 2010. Pursuant to the terms of the Merger Agreement, this option was canceled in exchange for a cash payment of $909,480, representing the aggregate difference between the merger consideration of $48.00 per share and the exercise price of the option on the effective date of the merger.
3. This option, originally representing a right to purchase 15,000 shares, was granted on October 20, 2009 and vested in five equal annual installments beginning on October 20, 2010. Pursuant to the terms of the Merger Agreement, this option was canceled in exchange for a cash payment of $117,210, representing the aggregate difference between the merger consideration of $48.00 per share and the exercise price of the option on the effective date of the merger.
4. This option was granted on July 7, 2014 and vested in three equal annual installments beginning on July 7, 2015. Pursuant to the terms of the Merger Agreement, this option was canceled in exchange for a cash payment of $9,884.46, representing the aggregate difference between the merger consideration of $48.00 per share and the exercise price of the option on the effective date of the merger.
5. The restricted stock units were scheduled to vest on July 7, 2015. Half of the vested shares were to be delivered to the reporting person on July 7, 2015, and the remaining half of the vested shares were to be delivered to the reporting person upon the termination of service as a member of the Board of Directors of Issuer. These units were canceled in the merger in exchange for a cash payment of $48.00 per share.
6. The restricted stock units were scheduled to vest on January 22, 2016. Half of the vested shares were to be delivered to the reporting person on January 22, 2016, and the remaining half of the vested shares were to be delivered to the reporting person upon the termination of service as a member of the Board of Directors of Issuer. These units were canceled in the merger in exchange for a cash payment of $48.00 per share.
7. 85 restricted stock units were scheduled to vest on July 7, 2015, 86 restricted stock units were scheduled to vest on July 7, 2016 and 86 restricted stock units were scheduled to vest on July 7, 2017. These units were canceled in the merger in exchange for a cash payment of $48.00 per share.
Remarks:
/s/ James J. Barnes, Attorney-in-Fact 07/01/2015
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
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