SAPPERN MATTHEW DAVID 4
4 · ECLIPSYS CORP · Filed Mar 17, 2010
Insider Transaction Report
Form 4
ECLIPSYS CORPECLP
SAPPERN MATTHEW DAVID
SVP, Professional Services
Transactions
- Award
Performance Stock Unit
2010-03-15+25,000→ 25,000 totalExercise: $0.00Exp: 2013-03-15→ Common Stock (25,000 underlying)
Footnotes (3)
- [F1]Each Performance Stock Unit ("PSU") represents a contingent right to receive a number of shares of Eclipsys Corporation's common stock ranging from zero to 2.25, depending upon Eclipsys' total shareholder return ("TSR") compared to the TSRs of a group of pre-selected companies in the healthcare technology and software industries over a performance period ending on the third anniversary of the grant date (or, if earlier, a change of control or qualifying termination of employment).
- [F2]All PSUs have a conversion price of $0.00.
- [F3]Assumes Eclipsys' TSR is at the 50th percentile of the comparison group. Actual payout for PSUs can range from 0% to 225% of the amount shown depending upon relative TSRs for the performance period.