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ANDREWS TOMMY L 4

Accession 0001209191-05-003432

CIK 0001109190other

Filed

Jan 17, 7:00 PM ET

Accepted

Jan 18, 4:37 PM ET

Size

8.6 KB

Accession

0001209191-05-003432

Insider Transaction Report

Form 4
Period: 2005-01-13
ANDREWS TOMMY L
SVP, Corp. Develop
Transactions
  • Award

    Option (right to buy) 92,000

    2005-01-13+32,000124,000 total
    Common Stock (32,000 underlying)
  • Award

    Restricted Stock Units (4500.0000)

    2005-01-13+4,3008,800 total
Footnotes (2)
  • [F1]Restricted Stock Units were granted on February 19, 2004 (4,500) and January 13, 2005 (4,300). The rights will generally vest and be converted into shares of common stock in three equal installments on February 19th in each of the three succeeding years following 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, 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").
  • [F2]Options were granted under the Company's Stock Incentive Plan on February 14, 2003 (60,000 shares @ $7.08 per share), February 19, 2004 (32,000 shares @ $16.27 per share) and January 13, 2005 (32,000 shares @ $21.38 per share). The options have a term of ten years from the date of grant. One-third of each option vests 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 the applicable vesting date. The vesting of the option is subject to acceleration upon the occurrence of any Acceleration Event.

Issuer

EFUNDS CORP

CIK 0001109190

Entity typeother

Related Parties

1
  • filerCIK 0001229817

Filing Metadata

Form type
4
Filed
Jan 17, 7:00 PM ET
Accepted
Jan 18, 4:37 PM ET
Size
8.6 KB