4//SEC Filing
ELECTRONIC DATA SYSTEMS CORP /DE/ 4
Accession 0001179706-08-000087
CIK 0001007456operating
Filed
Aug 27, 8:00 PM ET
Accepted
Aug 28, 7:39 PM ET
Size
31.9 KB
Accession
0001179706-08-000087
Insider Transaction Report
Form 4
Rittenmeyer Ronald A
EVP Serv Delivery
Transactions
- Disposition to Issuer
Employee Stock Option (right to buy) 07/07/05 Grant
2008-08-26−75,000→ 0 totalExercise: $19.19Exp: 2012-03-31→ Common Stock (75,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy) 07/07/05 Grant
2008-08-26−200,000→ 0 totalExercise: $19.19Exp: 2012-07-07→ Common Stock (200,000 underlying) - Tax Payment
Common Stock
2008-08-26−107,253→ 1,039,638 total - Disposition to Issuer
Employee Stock Option (right to buy) 02/13/08 Grant
2008-08-26−2,000,000→ 0 totalExercise: $18.30Exp: 2015-02-13→ Common Stock (2,000,000 underlying) - Disposition to Issuer
Common Stock
2008-08-26−783,308→ 256,330 total - Disposition to Issuer
Common Stock
2008-08-26−179.235→ 0 total(indirect: By JP Morgan Retirement Plan Services) - Exercise/Conversion
Phantom Stock-EDP DSU Award
2008-08-26−150,000→ 0 totalExercise: $0.00→ Common Stock (150,000 underlying) - Exercise/Conversion
Common Stock
2008-08-26+305,248→ 1,146,891 total - Disposition to Issuer
Employee Stock Option (right to buy) 03/15/07 Grant
2008-08-26−333,000→ 0 totalExercise: $27.37Exp: 2014-03-15→ Common Stock (333,000 underlying) - Exercise/Conversion
Phantom Stock-EDP PDSU Award
2008-08-26−150,000→ 0 totalExercise: $0.00→ Common Stock (150,000 underlying) - Disposition to Issuer
Common Stock
2008-08-26−256,330→ 0 total - Exercise/Conversion
Phantom Stock - EDP (1 for 1)
2008-08-26−5,248→ 0 totalExercise: $0.00→ Common Stock (5,248 underlying) - Disposition to Issuer
Employee Stock Option (right to buy) 3/15/06 Grant
2008-08-26−175,000→ 0 totalExercise: $27.48Exp: 2013-03-15→ Common Stock (175,000 underlying)
Footnotes (8)
- [F1]In connection with the acquisition of Issuer by Hewlett-Packard (the "Merger") Reporting Person's performance restricted stock units ("PRSUs") and restricted stock units ("RSUs") were forfeited during the Merger and exchanged per footnote 2. The PRSU Awards noted were voluntarily early reported based on vesting criteria, so the total of Reporting Person's beneficial ownership has been reduced according to footnote 2. Shares owned directly by Reporting Person were also canceled in exchange for a cash payment of $25 per share.
- [F2]250,000 PRSUs awarded 02/13/08 were forfeited 08/26/08 in exchange for a cash payment of $25 per share; 111,000 PRSUs awarded 03/15/07 were forfeited 08/26/08 in exchange for a cash payment of $25 per share; 58,000 PRSUs awarded 03/15/06 were forfeited 08/26/08 in exchange for a cash payment of $25 per share; 250,000 RSUs awarded 02/13/08 were forfeited 08/26/08 in exchange for a cash payment of $25 per share; 114,308 RSUs awarded 08/01/07 were forfeited 08/26/08 in exchange for a cash payment of $25 per share.
- [F3]These shares were held indirectly under the Issuer's 401(k) Plan as of 08/26/08. JP Morgan Retirement Plan Services accounts for holdings in the Issuer's stock fund in units, comprised of stock and cash reserves. The shares reported represent an approximate value based upon the fund balance and market value of Issuer's common stock on 08/26/08. Reporting Person's stock fund units were canceled in the Merger in exchange for a cash payment of $25 per stock unit and directed to the Reporting Person's 401(k) Moderate Portfolio fund or as otherwise directed by the Reporting Person.
- [F4]1 for 1
- [F5]Information originally included at time grant was reported.
- [F6]This option was forfeited during the Merger on 08/26/08 in exchange for a cash payment equal to the difference between the grant price and $25 per option.
- [F7]This option was forfeited during the Merger on 08/26/08.
- [F8]With regard to issuance of phantom stock units ("PSU") and discretionary stock unit awards ("DSU") and performance DSUs ("PDSU") under the Issuer's Executive Deferral Plan, shares of PSU, DSU and PDSU are immediately exercisable, but issued following termination of Reporting Person's employment with Issuer. All of the Reporting Person's PSUs, DSU award and PDSU award were canceled in the Merger in exchange for a cash payment of $25 per PSU, DSU and PDSU.
Documents
Issuer
ELECTRONIC DATA SYSTEMS CORP /DE/
CIK 0001007456
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001007456
Filing Metadata
- Form type
- 4
- Filed
- Aug 27, 8:00 PM ET
- Accepted
- Aug 28, 7:39 PM ET
- Size
- 31.9 KB