Syntel 8-K 2012
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Pursuant to Section 13 OR 15(d) of The
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) June 5, 2012
(Exact name of registrant as specified in its charter)
Registrants telephone number, including area code (248) 619-2800
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the follwing provisions (see General Instruction A.2. below):
Item 7.01. Regulation FD Disclosure.
On June 5, 2012 at approximately 10:45 a.m. Eastern time, Syntel, Inc. (the Company) informed certain current or potential investors that recent sales of Company stock made by Prashant Ranade, Chief Executive Officer and President of the Company were made in order to pay taxes accrued upon the lapsing of the restriction period on restricted stock units granted to Mr. Ranade by the Company and to provide funds for the purchase of a home in India necessitated by Mr. Ranades relocation to India.
The information contained in this Current Report is being furnished and shall not be deemed to be filed for the purposes of Section 18 of the Securities and Exchange Act of 1934 (the Exchange Act) or otherwise subject to the liabilities of that Section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, except if the Company expressly states that such information is to be considered filed under the Exchange Act or incorporates it by specific reference in such filing.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.