KOSBERG J LIVINGSTON 4
4 · AFFILIATED COMPUTER SERVICES INC · Filed Jan 3, 2007
Insider Transaction Report
Form 4
KOSBERG J LIVINGSTON
Director
Transactions
- Disposition to Issuer
Employee Stock Option (Right to Buy)
2006-12-28−5,000→ 0 totalExercise: $51.90Exp: 2014-07-30→ Class A Common (5,000 underlying) - Award
Employee Stock Option (Right to Buy)
2006-12-28+5,000→ 5,000 totalExercise: $54.30Exp: 2014-07-30→ Class A Common (5,000 underlying)
Holdings
- 7,500
Employee Stock Option (Right to Buy)
Exercise: $52.99Exp: 2015-09-13→ Class A Common (7,500 underlying) - 5,000(indirect: By Trust)
Class A Common Stock par value $0.01
- 20,000
Employee Stock Option (Right to Buy)
Exercise: $48.80Exp: 2013-10-28→ Class A Common (20,000 underlying)
Footnotes (3)
- [F1]These options vest and become exercisable as follows: on each anniversary date of the grant, commencing with the first such anniversary date and continuing on each such anniversary thereafter through and including the fifth anniversary of the date of the grant, 20% of such options shall vest and become exercisable. The date of grant is 10 years prior to the stated expiration date.
- [F2]These options vest and become exercisable as follows: on the third anniversary date of the grant, 60% of such options will vest and become exercisable; and on each of the fourth and fifth anniversary dates of the grant, 20% of such options will vest and become exercisable. The date of grant is 10 years prior to the stated expiration date.
- [F3]The Reporting Person received a Grant of Employee Stock Option (Right to Buy) on July 30, 2004 for 5,000 shares of ACS Class A Common Stock $0.01 par value at an Exercise Price of $51.90 per share. As a result of an internal investigation of the Issuer's stock option grant practices, it was determined the accounting measurement date for certain stock option grants were incorrect. This stock option grant has been repriced to reflect the fair market value of each share on the correct measurement date. The Exercise Price for 5,000 shares has been repriced at $54.30 per share.