4//SEC Filing
Brab Regina 4
Accession 0001181431-13-005982
CIK 0001337272other
Filed
Jan 31, 7:00 PM ET
Accepted
Feb 1, 2:50 PM ET
Size
11.4 KB
Accession
0001181431-13-005982
Insider Transaction Report
Form 4
Brab Regina
SVP & Chief HR Officer
Transactions
- Award
Time-Based Restricted Stock Unit
2013-01-30+24,090→ 24,090 totalExercise: $0.00→ Unit (24,090 underlying) - Award
Time-Based Restricted Stock Unit
2013-01-30+11,290→ 11,290 totalExercise: $0.00→ Unit (11,290 underlying) - Award
Performance-Based Restricted Stock Unit
2013-01-30+11,290→ 11,290 totalExercise: $0.00→ Unit (11,290 underlying)
Footnotes (4)
- [F1]The Reporting Person's "make-whole" Time-Based Restricted Stock Units ("RSU") vest 25% on each of the first four anniversaries of the date of grant and shall become fully vested if employment is terminated prior to the fourth anniversary of the date of grant for any reason other than for cause or resignation without good reason. The Reporting Person's vested RSUs are paid in shares upon the first to occur of (i) a change of control, (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]Time-Based Restricted Stock Units ("RSU") vest 25% on each of the first four anniversaries of the date of grant. The Reporting Person's vested RSUs are paid in shares upon the first to occur of (i) a change of control, (ii) the Reporting Person's separation from service without cause, or (iii) a 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.
- [F4]Performance-Based RSUs vest upon the satisfaction of certain performance criteria for the period beginning January 1, 2013 and ending December 31, 2013, with 25% of the earned amount vesting at the end of the performance period ("Performance RSU Initial Vesting Date"), and the remaining 75% vesting in equal annual installments of 25% over the three years 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, (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
CIK 0001337272
Entity typeother
Related Parties
1- filerCIK 0001567901
Filing Metadata
- Form type
- 4
- Filed
- Jan 31, 7:00 PM ET
- Accepted
- Feb 1, 2:50 PM ET
- Size
- 11.4 KB