4//SEC Filing
TARBOX RICHARD C 4
Accession 0001181431-09-044166
CIK 0001337272other
Filed
Sep 15, 8:00 PM ET
Accepted
Sep 16, 4:27 PM ET
Size
13.7 KB
Accession
0001181431-09-044166
Insider Transaction Report
Form 4
TARBOX RICHARD C
SVP-Corporate Development
Transactions
- Award
Time-Based Restricted Stock Unit
2009-09-14+7,688→ 7,688 totalExercise: $0.00→ Units (7,688 underlying) - Award
Performance-Based Restricted Stock Unit
2009-09-14+13,838→ 13,838 totalExercise: $0.00→ Units (13,838 underlying) - Award
Time-Based Class A Stock Option (right to buy)
2009-09-14+19,361→ 19,361 totalExercise: $0.44Exp: 2019-09-14→ Class A-8 Common Stock (19,361 underlying) - Award
Performance-Based Class A Stock Option (right to buy)
2009-09-14+34,850→ 34,850 totalExercise: $0.44Exp: 2019-09-14→ Class A-8 Common Stock (34,850 underlying)
Footnotes (5)
- [F1]The Time-Based Restricted Stock Unit ("RSU") vests over 5 years with 10% vesting on the first anniversary of the date of grant ("Initial Vesting Date"), and the remaining 90% vesting in equal monthly installments over the 48 months following the Initial Vesting Date. The Reporting Person's vested RSUs are paid in shares upon the first to occur of (i) a change of control that meets the requirements of a "change in control event" under Section 409A of the Internal Revenue Code, (ii) the Reporting Person's separation from service to SunGard without cause, or (iii) the date that is five years after the date of grant. If a change of control occurs before the RSUs are fully vested, any RSUs that subsequently vest are paid upon the first to occur of clauses (ii) and (iii) above.
- [F2]Each "Unit" consists of 1.3 shares of Class A-8 common stock and 0.1444 shares of Class L common stock of SunGard Capital Corp. and 0.05 shares of preferred stock of SunGard Capital Corp. II.
- [F3]The Performance-Based RSU vests over a five-year period based on the satisfaction of certain performance criteria for the years ending December 31, 2009 through December 31, 2013. The Reporting Person's vested RSUs are paid in shares upon the first to occur of (i) a change of control that meets the requirements of a "change in control event" under Section 409A of the Internal Revenue Code, (ii) the Reporting Person's separation from service to SunGard without cause, or (iii) the date that is five years after the date of grant. If a change of control occurs before the RSUs are fully vested, any RSUs that subsequently vest are paid upon the first to occur of clauses (ii) and (iii) above.
- [F4]Time-Based Class A Options vest 25% one year after date of grant, and 1/48th of the remaining balance each month thereafter for 48 months.
- [F5]Performance-Based Class A Options vest over a five-year period based on the satisfaction of certain performance criteria for the years ending December 31, 2009 through December 31, 2013.
Documents
Issuer
SUNGARD CAPITAL CORP
CIK 0001337272
Entity typeother
Related Parties
1- filerCIK 0001214681
Filing Metadata
- Form type
- 4
- Filed
- Sep 15, 8:00 PM ET
- Accepted
- Sep 16, 4:27 PM ET
- Size
- 13.7 KB