4//SEC Filing
EFUNDS CORP 4
Accession 0001209191-07-039967
CIK 0001109190operating
Filed
Jul 1, 8:00 PM ET
Accepted
Jul 2, 5:03 PM ET
Size
9.5 KB
Accession
0001209191-07-039967
Insider Transaction Report
Form 4
EFUNDS CORPEFD
ALMEIDA RICHARD J
Director
Transactions
- Award
Restricted Stock Units (12653.94)
2007-06-29$35.29/sh+641.12$22,625→ 13,295.06 total
Holdings
- 4,370
Common Stock (4370)
- 18,620
Options (right to buy) 18620
→ Common Stock - 2,010
Restricted Stock Units (2010)
Footnotes (3)
- [F1]Includes Restricted Stock Units granted in lieu of director's fees. All of the units shown will vest and be converted into shares of the Company's common stock following the termination of the holder's services on the Board.
- [F2]Restricted Stock Units were granted on February 19, 2004 (original grant 800 units), March 23, 2005 (original grant 1,100 units), May 18, 2006 (original grant 1,011 units) and February 13, 2007 (original grant 969 units). The units 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 to provide services to the Company through the applicable vesting date. The vesting of the awards is subject to acceleration upon the occurrence of the holder's death, disability or, for awards granted prior to 2007, approved retirement and in the event of a change in control of the Company(each, an "Acceleration Event"). The holder has elected to defer the settlement of the award granted in 2007 to his service termination date.
- [F3]Options were granted under the Company's Stock Incentive Plan on October 16, 2003 (1,667 shares @ $13.49 per share), February 19, 2004 (4,750 shares @ $16.27 per share), March 23, 2005 (3,550 shares @ $21.13 per share), February 16, 2006 (3400 shares @ $23.02 per share) and February 13, 2007 (5,253 shares @ $24.02 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 the applicable vesting date. The vesting of the awards is subject to acceleration in connection with the occurrence of an Acceleration Event.
Documents
Issuer
EFUNDS CORP
CIK 0001109190
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001109190
Filing Metadata
- Form type
- 4
- Filed
- Jul 1, 8:00 PM ET
- Accepted
- Jul 2, 5:03 PM ET
- Size
- 9.5 KB