4//SEC Filing
ADSTEDT COLLEEN MCKEOWN 4
Accession 0001209191-03-017824
CIK 0001109190other
Filed
Aug 18, 8:00 PM ET
Accepted
Aug 19, 2:10 PM ET
Size
9.9 KB
Accession
0001209191-03-017824
Insider Transaction Report
Form 4
EFUNDS CORPEFDS
ADSTEDT COLLEEN MCKEOWN
Former SVP, Human Resources
Transactions
- Purchase
Option (right to buy) 3,419
1988-08-08+0→ 3,419 total→ Common Stock (3,419 underlying) - Purchase
Common Stock (5,927.995)
1988-08-08+0→ 5,927.995 total - Award
Option (right to buy) 200,569
1988-08-08+0→ 200,569 total→ Common Stock (200,569 underlying) - Award
Restricted Stock Units
1988-08-08+0→ 7,302 total
Footnotes (4)
- [F1]Not Applicable
- [F2]Restricted Stock Units were granted on February 14, 2003. The rights will vest and be converted into shares of common stock on the earlier to occur of (i) the date in 2004 that bonuses are paid pursuant to the Company's annual incentive plan or (ii) March 31, 2004 if, subject to certain exceptions, the holder continues to provide services to the Company through the applicable vesting date. The amount of the units that will vest and be converted into shares of common stock is dependant upon the Company's performance versus the targets set under its annual incentive plan in 2003. The vesting of the units will be accelerated in the event of any change in control of the Company.
- [F3]Options were granted under the Company's Stock Incentive Plan on 6/26/00 (47,569 shares @ $13 per share), 01/01/01 (72,000 shares @ $10.5625 per share), 01/02/02 (51,000 shares @ $13.78 per share) and 2/14/03 (30,000 shares @ $7.08 per share). Each option has a term of 10 years from the date of grant. One-third of each option vests on each of the three succeeding anniversaries of the date of grant if, subject to cetain exceptions, the holder continues to provide services to the Company through the applicable vesting date. The vesting of the options is subject to acceleration upon the approved retirement, death or disability of the holder and any change in control of the Company. The vesting of the option granted on 6/26/00 is also subject to acceleration upon the termination of othe holder's services without cause.
- [F4]Options (2,757 shares @ $14.72424 per share, 441 shares @ $15.2785 per share and 221 shares @ $15.2785 per share) were granted on December 11, 2000 under the Company's Stock Incentive Plan for Deluxe Conversion Awards related to options previously granted by Deluxe Corporation. All of the foregoing options became exercisable on 12/30/00. The options will be exercisable until 12/29/05.
Documents
Issuer
EFUNDS CORP
CIK 0001109190
Entity typeother
Related Parties
1- filerCIK 0001229818
Filing Metadata
- Form type
- 4
- Filed
- Aug 18, 8:00 PM ET
- Accepted
- Aug 19, 2:10 PM ET
- Size
- 9.9 KB