4//SEC Filing
PANEPINTO ERIC 4
Accession 0001192482-04-000230
CIK 0001022926other
Filed
Apr 15, 8:00 PM ET
Accepted
Apr 16, 2:48 PM ET
Size
30.0 KB
Accession
0001192482-04-000230
Insider Transaction Report
Form 4
PANEPINTO ERIC
President, Outsourcing Div.
Transactions
- Disposition to Issuer
Non-Qualified Stock Option (Right to Buy)
2004-04-14−20,000→ 0 totalExercise: $7.47→ Common Stock (20,000 underlying) - Disposition to Issuer
Non-Qualifed Stock Option (Right to Buy)
2004-04-14−6,665→ 0 totalExercise: $3.38→ Common Stock (6,665 underlying) - Disposition to Issuer
Incentive Stock Option (Right to Buy)
2004-04-14−13,335→ 0 totalExercise: $3.38→ Common Stock (13,335 underlying) - Disposition to Issuer
Incentive Stock Option (Right to Buy)
2004-04-14−10,000→ 0 totalExercise: $6.74→ Common Stock (10,000 underlying) - Disposition to Issuer
Non-Qualified Stock Option (Right to Buy)
2004-04-14−13,500→ 0 totalExercise: $4.10→ Common Stock (13,500 underlying) - Disposition to Issuer
Incentive Stock Option (Right to Buy)
2004-04-14−3,750→ 0 totalExercise: $2.17→ Common Stock (3,750 underlying) - Disposition to Issuer
Incentive Stock Option (Right to Buy)
2004-04-14−36,708→ 0 totalExercise: $8.17→ Common Stock (36,708 underlying) - Disposition to Issuer
Non-Qualifed Stock Option (Right to Buy)
2004-04-14−100→ 0 totalExercise: $6.74→ Common Stock (100 underlying) - Disposition to Issuer
Non-Qualifed Stock Option (Right to Buy)
2004-04-14−20,000→ 0 totalExercise: $6.74→ Common Stock (20,000 underlying) - Disposition to Issuer
Non-Qualifed Stock Option (Right to Buy)
2004-04-14−13,292→ 0 totalExercise: $8.17→ Common Stock (13,292 underlying) - Disposition to Issuer
Non-Qualified Stock Option (Right to Buy)
2004-04-14−11,250→ 0 totalExercise: $2.17→ Common Stock (11,250 underlying)
Footnotes (11)
- [F1]Disposed of in connection with the consummation of the first-step merger (the "Merger") contemplated by that certain Restated Agreement and Plan of Merger, dated as of January 27, 2004 and restated as of March 4, 2004 (the "Merger Agreement"), by and among the Issuer, Fidelity National Financial, Inc. ("FNF"), Fidelity Information Services, Inc., Sunday Merger Corp. and Sunday Merger, LLC. Upon consummation of the Merger, each outstanding option to purchase Issuer Common Stock was converted to an option to purchase shares of FNF Common Stock on substantially the same terms, except that the number of shares was adjusted by multiplying the number of Issuer option shares by .1673 (rounding down to the nearest whole number) and the option exercise price was adjusted by dividing the exercise price of each Issuer option by .1673.
- [F10]Options vested 50% starting on the first anniversary of the grant date and another 50% on the second anniversary of the grant date.
- [F11]12,500 options vested on the grant date, 264 options vested on the first anniversary of the grant date and 264 options vest on the third anniversary of the grant date.
- [F2]Options vested one-third each year starting on the grant date.
- [F3]Each vested segment of the option had a five-year term from the date it first became exercisable.
- [F4]Options vested on the third anniversary of the grant date.
- [F5]Options had a five-year term from the date they first became exercisable.
- [F6]Options vested 50% starting on the second anniversary of the grant date and another 50% on the third anniversary of the grant date.
- [F7]Options vested on the first anniversary of the grant date.
- [F8]Options vested 50% starting six months from the grant date and another 50% on the first anniversary of the grant date.
- [F9]Options vested one-third each year starting on the first anniversary of the grant date.
Documents
Issuer
SANCHEZ COMPUTER ASSOCIATES INC
CIK 0001022926
Entity typeother
Related Parties
1- filerCIK 0001240954
Filing Metadata
- Form type
- 4
- Filed
- Apr 15, 8:00 PM ET
- Accepted
- Apr 16, 2:48 PM ET
- Size
- 30.0 KB