4//SEC Filing
Park Larence 4
Accession 0001209191-05-041931
CIK 0001109190other
Filed
Aug 9, 8:00 PM ET
Accepted
Aug 10, 5:33 PM ET
Size
27.1 KB
Accession
0001209191-05-041931
Insider Transaction Report
Form 4
EFUNDS CORPEFD
Park Larence
SVP - Prepaid Solutions
Transactions
- Purchase
Common Stock
2005-08-08$19.00/sh+9,500$180,500→ 21,300 total - Purchase
Common Stock
2005-08-08$19.01/sh+300$5,703→ 21,600 total - Purchase
Common Stock
2005-08-09$19.19/sh+200$3,838→ 31,200 total - Purchase
Common Stock
2005-08-08$18.98/sh+200$3,796→ 22,100 total - Purchase
Common Stock
2005-08-09$19.17/sh+400$7,668→ 31,800 total - Purchase
Common Stock
2005-08-09$19.20/sh+8,900$170,880→ 31,000 total - Purchase
Common Stock
2005-08-09$19.18/sh+100$1,918→ 31,300 total - Purchase
Common Stock
2005-08-09$19.12/sh+600$11,472→ 40,000 total - Purchase
Common Stock
2005-08-08$19.05/sh+11,800$224,790→ 11,800 total - Purchase
Common Stock
2005-08-09$19.15/sh+6,900$132,135→ 38,700 total - Purchase
Common Stock
2005-08-09$19.13/sh+700$13,391→ 39,400 total
Holdings
- 37,500
Restricted Stock Units (37500)
- 150,000
Option (right to buy) (150000)
→ Common Stock (150,000 underlying)
Footnotes (3)
- [F1]Restricted Stock Units were granted on July 1, 2005 (37,500). The rights will generally vest and be converted into shares of common stock on September 16th in each of 2008 (22,500 units), 2009 (7,500 units) and 2010 (7,500 units), provided that 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 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]Shares are held jointly with spouse.
- [F3]Options were granted under the Company's Stock Incentive Plan on July 1, 2005(150,000 shares @ $17.95 per share). Each option has a term of ten years from the date of grant. Sixty percent of the option vests on the third anniversary of the date of grant and the balance of the option vests in equal installments on the fourth and fifth anniversaries of each grant date if 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 an Acceleration Event.
Documents
Issuer
EFUNDS CORP
CIK 0001109190
Entity typeother
Related Parties
1- filerCIK 0001330858
Filing Metadata
- Form type
- 4
- Filed
- Aug 9, 8:00 PM ET
- Accepted
- Aug 10, 5:33 PM ET
- Size
- 27.1 KB