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THOMAS CLYDE L 4

Accession 0001209191-05-001066

CIK 0001109190other

Filed

Jan 3, 7:00 PM ET

Accepted

Jan 4, 5:04 PM ET

Size

8.3 KB

Accession

0001209191-05-001066

Insider Transaction Report

Form 4
Period: 2004-12-31
THOMAS CLYDE L
CIO, SVP Technology
Transactions
  • Purchase

    Common Stock (1841.6351)

    2004-12-31$16.27/sh+211.3$3,4382,052.935 total
Holdings
  • Options (right to buy) 89,500.0000

    Common Stock (89,500 underlying)
    89,500
  • Restricted Stock Units (16000)

    16,000
Footnotes (3)
  • [F1]Includes 211.3000 shares purchased pursuant to the Employee Stock Purchase Plan.
  • [F2]Restricted Stock Units were granted on February 19, 2004. The rights will generally vest and be converted into shares of common stock in three equal installments on the three succeeding anniversaries of the date of grant if the holder continues in the employ of the Company through the applicable vesting date. The vesting of the rights is subject to acceleration upon the approved retirement of the holder, termination of the holder's services without cause, the death or disability of the holder and any change in control of the Company (each of such events being herein referred to as an "Acceleration Event").
  • [F3]Options were granted under the Company's Stock Incentive Plan on December 2, 2002 (57,500 shares @ $9.10 per share) and on February 19, 2004 (32,000 shares @ $16.27 per share). Each option has a term of ten years from the date of grant. One-third of each option vests and becomes exercisable on each of the three succeeding anniversaries of the date of grant if, subject to certain exceptions, the holder continues to provide services to the Company through applicable vesting date. The vesting of the options is subject to acceleration upon the occurrence of any Acceleration Event.

Issuer

EFUNDS CORP

CIK 0001109190

Entity typeother

Related Parties

1
  • filerCIK 0001229935

Filing Metadata

Form type
4
Filed
Jan 3, 7:00 PM ET
Accepted
Jan 4, 5:04 PM ET
Size
8.3 KB