4//SEC Filing
SunGard 4
Accession 0001209191-15-049331
CIK 0001337272operating
Filed
Jun 2, 8:00 PM ET
Accepted
Jun 3, 10:11 AM ET
Size
8.5 KB
Accession
0001209191-15-049331
Insider Transaction Report
Form 4
SunGardNONE
Breakiron Christopher P
VP & Chief Accounting Officer
Transactions
- Award
Time-Based Restricted Stock Unit
2015-06-01+4,173→ 4,173 totalExercise: $0.00→ Units (4,173 underlying) - Award
Performance-Based Restricted Stock Unit
2015-06-01+8,347→ 8,347 totalExercise: $0.00→ Units (8,347 underlying)
Footnotes (3)
- [F1]Time-Based Restricted Stock Units ("RSUs") vest over three years with one-third vesting on each of the first three anniversaries of the date of grant. The Reporting Person's vested RSUs are paid in shares upon vesting.
- [F2]Each "Unit" consists of 1.3 shares of Class A-8 common stock and 0.1444 shares of Class L common stock of SunGard Capital Corp. and 0.038 shares of preferred stock of SunGard Capital Corp. II.
- [F3]Performance-Based RSUs vest up to 200% of the amount granted if the value of shares on June 1, 2018 meets specified stock price thresholds and if the Reporting Person remains employed through June 1, 2018. The Reporting Person's vested RSUs are paid in shares upon the first to occur of (i) the Reporting Person's termination of employment as a result of death, (ii) the Reporting Person's separation from service without cause upon or following a change of control, or (iii) the date that is three years after the date of grant.
Documents
Issuer
SunGard
CIK 0001337272
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001337272
Filing Metadata
- Form type
- 4
- Filed
- Jun 2, 8:00 PM ET
- Accepted
- Jun 3, 10:11 AM ET
- Size
- 8.5 KB