Morgan Wayne David III 4
4 · ECLIPSYS CORP · Filed Dec 3, 2009
Insider Transaction Report
Form 4
ECLIPSYS CORPECLP
Morgan Wayne David III
Interim CFO
Transactions
- Tax Payment
Common Stock
2009-12-01$18.25/sh−170$3,103→ 11,932 total - Tax Payment
Common Stock
2009-06-01$15.48/sh−540$8,359→ 12,102 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 minimum supplemental rate of 25% plus Medicare plus any applicable state income tax.
- [F2]Includes both vested shares and shares subject to contractual restrictions on transfer until vested.