ELECTRONIC DATA SYSTEMS CORP /DE/ 4
4 · ELECTRONIC DATA SYSTEMS CORP /DE/ · Filed Aug 28, 2008
Insider Transaction Report
Form 4
SIMS JAMES K
Director
Transactions
- Exercise/Conversion
Phantom Stock
2008-08-26−26,443→ 0 totalExercise: $0.00→ Common Stock (26,443 underlying) - Exercise/Conversion
Common Stock
2008-08-26+26,443→ 26,443 total - Disposition to Issuer
Common Stock
2008-08-26−26,443→ 0 total
Footnotes (3)
- [F1]No reportable change since the last filing, this is a reiteration of holdings only.
- [F2]1 for 1
- [F3]Phantom stock units ("PSUs") are payable in cash upon Reporting Person's termination as Director. Reporting Person may elect the cash payment date to be (i) 5 years post termination as Director, or (ii) lump sum upon termination as Director. The amount listed includes 54 phantom stock unit dividends @ $24.460 credited to Reporting Person's account on 06/10/08, and 53 phantom stock unit dividends @ $25.00 credited to Reporting Person's account on 08/26/08 (reflecting the dividend declared to holders of record on 08/15/08). In connection with the acquisition of Issuer by Hewlett-Packard (the "Merger"), all of the Reporting Person's PSUs were canceled in exchange for a cash payment of $25 per PSU. This disposition was approved in accordance with Rule 16b-3(e) and occurred simultaneously with the Merger.