4//SEC Filing
ECLIPSYS CORP 4
Accession 0001209191-07-067931
CIK 0001034088operating
Filed
Dec 4, 7:00 PM ET
Accepted
Dec 5, 5:33 PM ET
Size
10.1 KB
Accession
0001209191-07-067931
Insider Transaction Report
Form 4
ECLIPSYS CORPECLP
Deady John E
Executive Vice President
Transactions
- Sale
Common Stock
2007-12-03$23.57/sh−1,000$23,570→ 83,437 total - Tax Payment
Common Stock
2007-12-03$23.20/sh−4,245$98,484→ 84,437 total
Footnotes (2)
- [F1]The reporting person owns restricted stock issued by the issuer in connection with employment. Vesting of the shares results in taxable income, in respect of which the issuer pays tax deposits to the tax authorities on behalf of the reporting person. The reporting person reimburses the issuer for these tax deposits through the surrender to the issuer of vested shares having a value equal to the federal income tax paid at the maximum supplemental rate of 35% plus Medicare plus any applicable state income tax. The reporting person also sold shares pursuant to a 10b5-1 plan on or shortly following the vesting date. Such surrender of shares to the issuer and sale of shares are reported on this Form 4.
- [F2]Includes both vested shares and shares subject to contractual restrictions on transfer until vested.
Issuer
ECLIPSYS CORP
CIK 0001034088
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001034088
Filing Metadata
- Form type
- 4
- Filed
- Dec 4, 7:00 PM ET
- Accepted
- Dec 5, 5:33 PM ET
- Size
- 10.1 KB