X0202 4 2006-08-17 0 0001040426 SYNTEL INC SYNT 0001256128 MURUGESH KESHAV 525 EAST BIG BEAVER ROAD, SUITE 300 TROY MI 48083 0 1 0 0 Chief Operating Officer Common Stock 2006-08-17 4 S 0 2250 22.32 D 67750 D Common Stock 2006-08-17 4 M 0 10000 14.86 A 77750 D Common Stock 2006-08-17 4 S 0 10000 22.40 D 67750 D Common Stock 2006-08-18 4 M 0 1524 14.86 A 69274 D Common Stock 2006-08-18 4 S 0 1524 22.40 D 67750 D Employee Stock Option (right to buy) 14.86 2006-08-17 4 M 0 10000 D 2003-05-13 2012-05-13 Common Stock 10000 44000 D Employee Stock Option (right to buy) 14.86 2006-08-18 4 M 0 1524 D 2003-05-13 2012-05-13 Common Stock 1524 42476 D The option vests in annual installments of 10%, 20%, 30%, and 40% of the shares subject to the option on the first, second, third, and fourth anniversaries (respectively) of the grant date. Granted pursuant to the Syntel, Inc. Amended and Restated Stock Option and Incentive Plan. Byron S. Collier on behalf of Keshav Murugesh 2006-08-21