LANG RONALD M 4
4 · SUNGARD CAPITAL CORP · Filed Jan 26, 2011
Insider Transaction Report
Form 4
LANG RONALD M
Group CEO
Transactions
- Tax Payment
Class L Common Stock
2011-01-24−2,456.883→ 2,391.908 totalExercise: $0.00→ Class A-8 Common Stock (2,456.883 underlying) - Exercise/Conversion
Class A-8 Common Stock
2011-01-24+43,652.556→ 43,652.556 total - Exercise/Conversion
Rollover Unit Option (right to buy)
2011-01-24−33,578.889→ 0 totalExercise: $4.50From: 2005-08-11Exp: 2011-03-07→ Units (33,578.889 underlying) - Tax Payment
Class A-8 Common Stock
2011-01-24−22,118.754→ 21,533.801 total - Exercise/Conversion
Class L Common Stock
2011-01-24+4,848.792→ 4,848.792 totalExercise: $0.00→ Class A-8 Common Stock (4,848.792 underlying)
Footnotes (4)
- [F1]Shares received upon exercise of an aggregate of 33,578.8889 options for Units at an exercise price of $4.50 per Unit. 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
- [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]Class L common stock automatically converts into Class A-8 common stock (i) immediately prior to an initial public offering of the Issuer, (ii) in connection with a realization event of the Issuer, upon the approval of the Requisite Principal Investors, or (iii) in connection with the registration of the Class A-8 common stock, unless the Majority Principal Investors determine otherwise.
- [F4]Each share of Class L common stock converts into one share of Class A-8 common stock, plus an additional number of shares based on the public offering price established in connection with an initial public offering of the Issuer's securities.