4//SEC Filing
Thomas William G 4
Accession 0001179706-08-000090
CIK 0001007456other
Filed
Aug 27, 8:00 PM ET
Accepted
Aug 28, 7:40 PM ET
Size
36.0 KB
Accession
0001179706-08-000090
Insider Transaction Report
Form 4
Thomas William G
EVP EMEA
Transactions
- Disposition to Issuer
Employee Stock Option (right to buy) 03/24/04 Grant
2008-08-26−515→ 0 totalExercise: $19.18Exp: 2009-03-24→ Common Stock (515 underlying) - Exercise/Conversion
Common Stock
2008-08-26+5,552→ 177,480 total - Disposition to Issuer
Common Stock
2008-08-26−70,928→ 0 total - Disposition to Issuer
Employee Stock Option (right to buy) 03/24/04 Grant
2008-08-26−56,379→ 0 totalExercise: $19.18Exp: 2010-03-24→ Common Stock (56,379 underlying) - Exercise/Conversion
Phantom Stock - EDP
2008-08-26−552→ 0 total→ Common Stock (552 underlying) - Disposition to Issuer
Employee Stock Option (right to buy) 02/10/03 Grant
2008-08-26−50,000→ 0 totalExercise: $16.20Exp: 2013-02-10→ Common Stock (50,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy) 03/15/07 Grant
2008-08-26−110,000→ 0 totalExercise: $27.37Exp: 2010-02-26→ Common Stock (110,000 underlying) - Disposition to Issuer
Employee Stock Option (right to buy) 02/13/08 Grant
2008-08-26−180,000→ 0 totalExercise: $18.30Exp: 2015-02-13→ Common Stock (180,000 underlying) - Exercise/Conversion
Phantom Stock - EDP DSU Award
2008-08-26−5,000→ 0 total→ Common Stock (5,000 underlying) - Tax Payment
Common Stock
2008-08-26−1,388→ 176,092 total - Disposition to Issuer
Employee Stock Option (right to buy) 03/24/04 Grant
2008-08-26−2,355→ 0 totalExercise: $19.18Exp: 2010-03-24→ Common Stock (2,355 underlying) - Disposition to Issuer
Common Stock
2008-08-26−101,000→ 70,928 total - Disposition to Issuer
Employee Stock Option (right to buy) 03/24/04 Grant
2008-08-26−50,000→ 0 totalExercise: $19.18Exp: 2014-03-24→ Common Stock (50,000 underlying) - Disposition to Issuer
Phantom Stock - EDP DSU Award
2008-08-26−68,325→ 0 total→ Common Stock (68,325 underlying)
Footnotes (13)
- [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. The common stock directly owned by Reporting Person were canceled in exchange for a cash payment of $25 per share on the effective date of the Merger. These dispositions were approved in accordance with Rule 16b-3(e) and occurred simultaneously with the Merger.
- [F10]This option was exchanged by HP in the Merger with an option to purchase 60,709 shares of HP common stock for $49.60 per share.
- [F11]This option was exchanged by HP in the Merger with an option to purchase 99,342 shares of HP common stock for $33.15 per share.
- [F12]Reporting Person's option award(s) were converted using an exchange ratio (i.e., the numerator was the Issuer's per-share merger consideration ($25/share) and the denominator was the average closing price of HP's stock on the NYSE as reported by The Wall Street Journal for the five (5) full trading days ending on the date that is two (2) trading days prior to closing (rounded down to the nearest whole share), with the exercise price of converted stock option grant(s) being equal to (x), the original exercise price for the Issuer's options, divided by (y) - the exchange ratio described above - rounded up to the nearest whole cent.)
- [F13]Shares of phantom stock units issued under the Issuer's Executive Deferral Plan are immediately exercisable, but issued following termination of Reporting Person's employment with Issuer. The Phantom Stock - EDP reflects additional dividends from 03/10/08 in the amount of 16.6430 @ $16.5600; 11.3020 dividends @ $24.4600; and 11.1717 dividends @ $24.7950. The 5,000 Phantom Stock - EDP DSU Awards were canceled in the Merger. Lastly, the Phantom Stock - EDP DSU Award for 68,325 was forfeited in exchange for 1/2 of the value in a cash payment of $25 per PSU in January 2009 and 1/2 in HP common stock at a predetermined future date.
- [F2]30,000 RSUs awarded 02/13/08 were forfeited 08/26/08 in exchange for a cash payment for 50% of value on 01/02/09 and an HP TRSU grant for 50% of value; 36,000 PRSUs awarded 03/15/07 were forfeited 08/26/08 in exchange for a cash payment for 50% of value on 01/02/09 and an HP TRSU grant for 50% of value; and 35,000 PRSUs awarded 03/15/06 were forfeited 08/26/08 in exchange for a cash payment for 50% of value on 01/02/09 and an HP TRSU grant for 50% of value.
- [F3]1 for 1
- [F4]Information originally included at time grant and/or dividends were reported.
- [F5]This option was exchanged by HP in the Merger with an option to purchase 27,595 shares of HP common stock for $29.37 per share.
- [F6]This option was exchanged by HP in the Merger with an option to purchase 284 shares of HP common stock for $34.75 per share.
- [F7]This option was exchanged by HP in the Merger with an option to purchase 1,299 shares of HP common stock for $34.75 per share.
- [F8]This option was exchanged by HP in the Merger with an option to purchase 31,115 shares of HP common stock for $34.75 per share.
- [F9]This option was exchanged by HP in the Merger with an option to purchase 27,595 shares of HP common stock for $34.75 per share.
Documents
Issuer
ELECTRONIC DATA SYSTEMS CORP /DE/
CIK 0001007456
Entity typeother
Related Parties
1- filerCIK 0001377735
Filing Metadata
- Form type
- 4
- Filed
- Aug 27, 8:00 PM ET
- Accepted
- Aug 28, 7:40 PM ET
- Size
- 36.0 KB