4//SEC Filing
SUNGARD CAPITAL CORP 4
Accession 0001181431-13-032447
CIK 0001337272operating
Filed
Jun 3, 8:00 PM ET
Accepted
Jun 4, 4:17 PM ET
Size
8.5 KB
Accession
0001181431-13-032447
Insider Transaction Report
Form 4
Calenda Anthony
SVP, Corp. Develop. & Strategy
Transactions
- Award
Time-Based Restricted Stock Unit
2013-06-01+5,620→ 5,620 totalExercise: $0.00→ Unit (5,620 underlying) - Award
Performance-Based Restricted Stock Unit
2013-06-01+5,620→ 5,620 totalExercise: $0.00→ Unit (5,620 underlying)
Footnotes (3)
- [F1]Time-Based Restricted Stock Units ("RSU") vest over four years with 25% vesting on each of the first four anniversary dates 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) 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 period beginning January 1, 2014 and ending December 31, 2014, with 25% of the earned amount vesting on each of December 31, 2014, June 1, 2015, June 1, 2016 and June 1, 2017. 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) June 1, 2017. 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 typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001337272
Filing Metadata
- Form type
- 4
- Filed
- Jun 3, 8:00 PM ET
- Accepted
- Jun 4, 4:17 PM ET
- Size
- 8.5 KB