4//SEC Filing
Finders Harold C 4
Accession 0001181431-12-009573
CIK 0001337274other
Filed
Feb 15, 7:00 PM ET
Accepted
Feb 16, 5:17 PM ET
Size
9.1 KB
Accession
0001181431-12-009573
Insider Transaction Report
Form 4
Finders Harold C
Division CEO
Transactions
- Award
Performance-Based Restricted Stock Unit
2012-02-14+26,150→ 26,150 totalExercise: $0.00→ Units (26,150 underlying) - Award
Time-Based Restricted Stock Unit
2012-02-14+26,150→ 26,150 totalExercise: $0.00→ Units (26,150 underlying)
Footnotes (3)
- [F1]Time-Based Restricted Stock Units ("RSU") vest over four years with 28% vesting on the first anniversary of the date of grant ("Time RSU Initial Vesting Date"), and the remaining 72% vesting in equal monthly installments over the 36 months following the Time RSU 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 without cause, or (iii) the date that is four 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]Performance-Based RSUs vest upon the satisfaction of certain performance criteria for the one year performance period ending December 31, 2012, with 28% of the earned amount vesting at the end of the performance period ("Performance RSU Initial Vesting Date"), and the remaining 72% vesting in equal monthly installments over the 36 months following the Performance RSU 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 without cause, or (iii) the date that is four 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.
Documents
Issuer
SUNGARD CAPITAL CORP II
CIK 0001337274
Entity typeother
Related Parties
1- filerCIK 0001314947
Filing Metadata
- Form type
- 4
- Filed
- Feb 15, 7:00 PM ET
- Accepted
- Feb 16, 5:17 PM ET
- Size
- 9.1 KB