Home/Filings/4/0001192482-04-000233
4//SEC Filing

GOODWIN JAMES B 4

Accession 0001192482-04-000233

CIK 0001022926other

Filed

Apr 15, 8:00 PM ET

Accepted

Apr 16, 3:27 PM ET

Size

18.5 KB

Accession

0001192482-04-000233

Insider Transaction Report

Form 4
Period: 2004-04-14
GOODWIN JAMES B
President, Global Services Div
Transactions
  • Disposition to Issuer

    Non-Qualified Stock Option (Right to Buy)

    2004-04-1415,0000 total
    Exercise: $4.10Common Stock (15,000 underlying)
  • Disposition to Issuer

    Non-Qualified Stock Option (Right to Buy)

    2004-04-1413,3320 total
    Exercise: $3.38Common Stock (13,332 underlying)
  • Disposition to Issuer

    Incentive Stock Option (Right to Buy)

    2004-04-146,6680 total
    Exercise: $3.38Common Stock (6,668 underlying)
  • Disposition to Issuer

    Non-Qualified Stock Option (Right to Buy)

    2004-04-1425,0000 total
    Exercise: $2.17Common Stock (25,000 underlying)
  • Disposition to Issuer

    Non-Qualified Stock Option (Right to Buy)

    2004-04-1434,3000 total
    Exercise: $6.09Common Stock (34,300 underlying)
  • Disposition to Issuer

    Incentive Stock Option (Right to Buy)

    2004-04-1465,7000 total
    Exercise: $6.09Common Stock (65,700 underlying)
Footnotes (8)
  • [F1]Options vested one-third each year starting on the first anniversary of the grant date.
  • [F2]Disposed of in connection with the consummation of the first-step merger (the"Merger") comtemplated 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.
  • [F3]Each vested segment of the option had a five-year term from the date it first became exercisable.
  • [F4]Options vest 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 first anniversary from the date of the grant and another 50% on the second anniversary from the date of the grant.
  • [F7]Options vested 50% starting six months from the date of grant and another 50% on the first anniversary of the grant date.
  • [F8]Options vested one-fourth each year starting on the grant date.

Issuer

SANCHEZ COMPUTER ASSOCIATES INC

CIK 0001022926

Entity typeother

Related Parties

1
  • filerCIK 0001240974

Filing Metadata

Form type
4
Filed
Apr 15, 8:00 PM ET
Accepted
Apr 16, 3:27 PM ET
Size
18.5 KB