Home/Filings/4/0001243545-06-000043
4//SEC Filing

REYNOLDS & REYNOLDS CO 4

Accession 0001243545-06-000043

CIK 0000083588operating

Filed

Oct 29, 7:00 PM ET

Accepted

Oct 30, 9:03 PM ET

Size

32.6 KB

Accession

0001243545-06-000043

Insider Transaction Report

Form 4
Period: 2006-10-26
Transactions
  • Disposition to Issuer

    Class A Common, no par value per share

    2006-10-26$40.00/sh12,424$496,9600 total
  • Disposition to Issuer

    Class A Common, no par value per share

    2006-10-26$40.00/sh44,200$1,768,0000 total(indirect: By Trust)
  • Disposition to Issuer

    Non-Qualified Stock Option (right to buy)

    2006-10-26$17.44/sh2,044$35,6470 total
    Exercise: $22.56From: 2003-10-01Exp: 2009-10-01Class A Common, no par value per share (2,044 underlying)
  • Disposition to Issuer

    Non-Qualified Stock Option (right to buy)

    2006-10-26$20.50/sh2,242$45,9610 total
    Exercise: $19.50From: 2000-10-01Exp: 2009-10-01Class A Common, no par value per share (2,242 underlying)
  • Conversion

    Class A Common, no par value per share

    2006-10-26+675,000675,000 total
  • Disposition to Issuer

    Class A Common, no par value per share

    2006-10-26$40.00/sh109,018$4,360,7200 total(indirect: FLP)
  • Disposition to Issuer

    Non-Qualified Stock Option (right to buy)

    2006-10-26$19.90/sh2,093$41,6510 total
    Exercise: $20.10From: 1998-10-01Exp: 2007-10-01Class A Common, no par value per share (2,093 underlying)
  • Disposition to Issuer

    Class B Common, no par value per share (conversion rights)

    2006-10-26$40.00/sh13,500,000$540,000,0000 total
    Exercise: $0.00Class A Common, no par value per share (675,000 underlying)
  • Disposition to Issuer

    Non-Qualified Stock Option (right to buy)

    2006-10-26$22.56/sh2,451$55,2950 total
    Exercise: $17.44From: 1999-10-01Exp: 2008-10-01Class A Common, no par value per share (2,451 underlying)
  • Disposition to Issuer

    Class A Common, no par value per share

    2006-10-26$40.00/sh12,776$511,0400 total(indirect: By Spouse)
  • Disposition to Issuer

    Non-Qualified Stock Option (right to buy)

    2006-10-26$23.00/sh2,659$61,1570 total
    Exercise: $17.00From: 2001-08-08Exp: 2010-08-08Class A Common, no par value per share (2,659 underlying)
  • Disposition to Issuer

    Class A Common, no par value per share

    2006-10-26$40.00/sh675,000$27,000,0000 total
  • Disposition to Issuer

    Class A Common, no par value per share

    2006-10-26$40.00/sh44,430$1,777,2000 total(indirect: By Trust)
  • Disposition to Issuer

    Non-Qualified Stock Option (right to buy)

    2006-10-26$17.47/sh2,061$36,0060 total
    Exercise: $22.53From: 2002-10-01Exp: 2011-10-01Class A Common, no par value per share (2,061 underlying)
Footnotes (15)
  • [F1]Disposed of pursuant to the Agreement and Plan of Merger dated August 7, 2006 among Universal Computer Systems Holding, Inc., The Reynolds and Reynolds Company and Racecar Acquisition Co., the closing of which occurred on October 26, 2006.
  • [F10]Pursuant to the Agreement and Plan of Merger, this option, which provided for vesting in three equal annual installments beginning 8/8/01, was canceled in exchange for a cash payment representing the difference between the exercise price and $40.
  • [F11]Pursuant to the Agreement and Plan of Merger, this option, which provided for vesting in three equal annual installments beginning 10/1/99, was canceled in exchange for a cash payment representing the difference between the exercise price and $40.
  • [F12]Pursuant to the Agreement and Plan of Merger, this option, which provided for vesting in three equal annual installments beginning 10/1/00, was canceled in exchange for a cash payment representing the difference between the exercise price and $40.
  • [F13]Pursuant to the Agreement and Plan of Merger, this option, which provided for vesting in three equal annual installments beginning 10/1/98, was canceled in exchange for a cash payment representing the difference between the exercise price and $40.
  • [F14]Pursuant to the Agreement and Plan of Merger, this option, which provided for vesting in three equal annual installments beginning 10/1/02, was canceled in exchange for a cash payment representing the difference between the exercise price and $40.
  • [F15]Pursuant to the Agreement and Plan of Merger, this option, which provided for vesting in three equal annual installments beginning 10/1/03, was canceled in exchange for a cash payment representing the difference between the exercise price and $40.
  • [F2]See Footnote 6
  • [F3]On May 29, 2001, the reporting person was appointed to serve as co-trustee of a charitable remainder trust (TRUST #1) of which an immediate family member of the reporting person is the beneficiary. The reporting person is not a beneficiary of the trust and disclaims beneficial ownership of the shares.
  • [F4]On May 29, 2001, the reporting person was appointed to serve as co-trustee of a charitable remainder trust (TRUST #2) of which an immediate family member of the reporting person is the beneficiary. The reporting person is not a beneficiary of the trust and disclaims beneficial ownership of the shares.
  • [F5]Shares owned by the Grant Asset Management Family Ltd Partnership of which Richard H. Grant, III is a director and holds indirect ownership.
  • [F6]Disposed of pursuant to the Agreement and Plan of Merger dated August 7, 2006 among Universal Computer Systems Holding, Inc., The Reynolds and Reynolds Company and Racecar Acquisition Co., the closing of which occurred on October 26, 2006. The Class B shares are convertible to Class A Common Shares at a 20-to-1 ratio.
  • [F7]On 5/27/71, Mr. Grant acquired the right to convert his Class B Common shares to Class A Common shares at a 20:1 ratio.
  • [F8]Class B Common Shares may be converted to Class A Common Shares at a ratio of 20:1. There is no public market for Class B Common Shares. There was no expiration date to convert the Class B Common shares.
  • [F9]Class B Common Shares may be converted to Class A Common Shares at a ratio of 20:1. There is no public market for Class B Common Shares.

Issuer

REYNOLDS & REYNOLDS CO

CIK 0000083588

Entity typeoperating
IncorporatedOH

Related Parties

1
  • filerCIK 0000083588

Filing Metadata

Form type
4
Filed
Oct 29, 7:00 PM ET
Accepted
Oct 30, 9:03 PM ET
Size
32.6 KB