4//SEC Filing
DEASON DARWIN 4
Accession 0001079719-07-000001
CIK 0000002135other
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 6:02 PM ET
Size
14.4 KB
Accession
0001079719-07-000001
Insider Transaction Report
Form 4
DEASON DARWIN
DirectorChairman of the BoardOther
Transactions
- Award
Employee Stock Option (Right to Buy)
2006-12-28+360,000→ 360,000 totalExercise: $37.57Exp: 2012-07-23→ Class A Common (360,000 underlying) - Disposition to Issuer
Employee Stock Option (Right to Buy)
2006-12-28−360,000→ 240,000 totalExercise: $35.75Exp: 2012-07-23→ Class A Common Stock (360,000 underlying)
Holdings
- 6,599,372
Class B Common Stock $0.01 par value
- 6,511(indirect: ESP Plan)
Class A Common Stock $0.01 par value
- 1,982,894
Class A Common Stock $0.01 par value
- 300,000
Employee Stock Option (Right to Buy)
Exercise: $44.10Exp: 2013-08-11→ Class A Common Stock (300,000 underlying) - 150,000
Employee Stock Option (Right to Buy)
Exercise: $11.53Exp: 2008-10-08→ Class A Common Stock (150,000 underlying)
Footnotes (3)
- [F1]This stock option grant is related to Reporting Person's Supplemental Executive Retirement Agreement, as amended ("SERP"). This option is currently exercisable on Reporting Person's normal retirement date under the terms of the SERP, but subject to change based on the occurrence of certain designated events.
- [F2]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.
- [F3]The Reporting Person received a Grant of Employee Stock Option (Right to Buy) on July 23, 2002 for 600,000 shares of ACS Class A Common Stock $0.01 par value at an Exercise Price of $35.75 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. A part of this stock option grant has been repriced to reflect the fair market value on the correct measurement date. The Exercise Price for the 240,000 shares will remain at $35.75 per share, which was the Exercise Price on the date of grant. The Exercise Price for the 360,000 shares has been repriced at $37.57 per share.
Documents
Issuer
AFFILIATED COMPUTER SERVICES INC
CIK 0000002135
Entity typeother
Related Parties
1- filerCIK 0001079719
Filing Metadata
- Form type
- 4
- Filed
- Jan 2, 7:00 PM ET
- Accepted
- Jan 3, 6:02 PM ET
- Size
- 14.4 KB