4//SEC Filing
EFUNDS CORP 4
Accession 0001209191-07-054453
CIK 0001109190operating
Filed
Sep 19, 8:00 PM ET
Accepted
Sep 20, 4:54 PM ET
Size
21.8 KB
Accession
0001209191-07-054453
Insider Transaction Report
Form 4
EFUNDS CORPEFD
THOMAS CLYDE L
CIO, SVP Technology
Transactions
- Exercise/Conversion
Restricted Stock Units (12436)
2007-09-12$36.50/sh−12,436$453,914→ 0 total - Disposition to Issuer
Common Stock (21174.3)
2007-09-12−21,174.3→ 0 total - Exercise/Conversion
Common Stock (15,486.13)
2007-09-12$36.50/sh+25,366$925,859→ 40,852.13 total - Disposition to Issuer
Restricted Stock Units (18,587)
2007-09-12−18,587→ 0 total - Disposition to Issuer
Options (right to buy) (202789)
2007-09-12−202,789→ 0 total→ Common Stock - Disposition to Issuer
Option (right to buy)
2007-09-12−114,926→ 0 total→ Common Stock - Exercise/Conversion
Restricted Stock Units (10275)
2007-09-12$36.50/sh−10,275$375,038→ 0 total - Exercise/Conversion
Restricted Stock Units (10275)
2007-09-12$36.50/sh−2,655$96,908→ 18,587 total - Tax Payment
Common Stock (40,852.13)
2007-09-12$36.50/sh−19,677.83$718,241→ 21,174.3 total
Footnotes (6)
- [F1]Restricted Stock Units were granted on January 13, 2005 (original grant 4,300 units), May 18, 2006 (original grant 5,055 units) and February 13, 2007 (original grant 7,632 units). The units vested and were converted into shares of common stock on September 12, 2007.
- [F2]Restricted Stock Rights were granted on January 20, 2005 (10,275). The units vested and were converted into shares of common stock on September 12, 2007.
- [F3]Restricted Stock units were granted on February 26, 2007 (original grant 21,242 units). 2,655 of the units vested and were converted into shares of common stock on September 12, 2007. The remaining units were converted into FIS restricted stock units that will be converted into 14,773 common stock shares of Fidelity National Information Services, Inc. ("FIS") in on February 19, 2010 (6,331 units) and February 19, 2011 (8,442 units) if the holder continues to provide services to the Company through the applicable vesting date. The vesting of these remaining units is subject to acceleration upon the death or disability of the holder, the termination of the holder's services by the Company without cause (each a "Retention Acceleration Event").
- [F4]Shares or restricted stock units were disposed of pursuant to the merger agreement, dated June 26, 2007 (the "Merger Agreement"), by and between, the Company, FIS and Agamemnon Merger Corp. in exchange for the merger consideration (the "Merger Consideration") of $36.50 per share.
- [F5]Options were granted under the Company's Stock Incentive Plan on December 2, 2002 (57,500 shares @ $9.10 per share), February 19, 2004 (32,000 shares @ $16.27 per share), January 13, 2005 (32,000 shares @ $21.38 per share), February 16, 2006 (40,000 shares @ $23.02 per share) and February 13, 2007 (41,289 shares @ $24.02 per share). Each option has a term of ten years from the date of grant and vested in its entirety on September 12, 2007, at which point they were converted into options to purchase 45,702 FIS shares @ $11.45 per share; 25,434 FIS shares @ $20.47 per share; 25,434 FIS shares @ $26.90 per share, 31,793 FIS shares @ $28.96 per share and 32,818 FIS shares @ $30.22 per share, respectively.
- [F6]Options were granted under the Company's 2006 Stock Incentive Plan on February 26, 2007 (114,926 shares @ $25.89 per share). Options to purchase 14,356 shares vested on September 12, 2007 and were converted into options to purchase 11,411 FIS shares @ $32.57 per share. The remaining options were converted into options to purchase 79,936 FIS shares @ $32.57 per share. 34,262 of these remaining options will vest and become exercisable on February 26, 2010 and the balance will vest and become exercisable on February 26, 2011, provided that the holder continues to provide services through the applicable vesting date, subject to acceleration upon the occurrence of a Retention Acceleration Event.
Documents
Issuer
EFUNDS CORP
CIK 0001109190
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001109190
Filing Metadata
- Form type
- 4
- Filed
- Sep 19, 8:00 PM ET
- Accepted
- Sep 20, 4:54 PM ET
- Size
- 21.8 KB