SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
HELLER JEFFREY M

(Last) (First) (Middle)
5400 LEGACY DRIVE

(Street)
PLANO TX 75024

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
ELECTRONIC DATA SYSTEMS CORP /DE/ [ EDS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Pres
3. Date of Earliest Transaction (Month/Day/Year)
03/02/2006
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/02/2006 F 6,613 D $27.395 768,170 D
Common Stock 4,389(1)(2) I By Spouse as Trustee for the Jeffrey Austin Heller 2000 Trust Account
Common Stock 4,389(1)(2) I By Spouse as Trustee for the Brandon Heller 2000 Trust Account
Common Stock 488.45(3) I Hewitt Associates LLC
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (right to buy) 12/17/96 Grant $45.06 (4) (4) Common Stock (4) 500,000(1) D
Employee Stock Option (right to buy) 8/10/98 Grant $40.5937 (4) (4) Common Stock (4) 300,000(1) D
Employee Stock Option (right to buy) 4/24/00 Grant $68.8125 (4) (4) Common Stock (4) 175,000(1) D
Employee Stock Option (right to buy) 2/6/01 Grant $57.575 (4) (4) Common Stock (4) 150,000(1) D
Employee Stock Option (right to buy) 3/20/03 Grant $15.58 (4) (4) Common Stock (4) 25,870(1) D
Employee Stock Option (right to buy) 3/20/03 Grant $15.58 (4) (4) Common Stock (4) 125,000(1) D
Employee Stock Option (right to buy) 3/20/03 Grant $20.254 (4) (4) Common Stock (4) 125,000(1) D
Employee Stock Option (right to buy) 3/24/04 Grant $19.175 (4) (4) Common Stock (4) 150,000(1) D
Employee Stock Option (right to buy) 3/24/04 Grant $24.9275 (4) (4) Common Stock (4) 150,000(1) D
Employee Stock Option (right to buy) 3/31/05 Grant $20.665 (4) (4) Common Stock (4) 188,000(1) D
Phantom Stock - EDP (1 for 1) $0(5) 02/15/2006 A 114.65(6) (6) (6) Common Stock 114.65(6) $26.545 60,983 D
Explanation of Responses:
1. No reportable change since the last filing, this is a reiteration of holdings only.
2. The shares were gifted to Jeffrey Austin Heller and Robert Brandon Heller in their 2000 Trust Accounts held by Reporting Person's Spouse and Reporting Person as custodians for each of the minor grandchildren not residing in Reporting Person's household. Reporting Person disclaims beneficial ownership of all such gifts of securities except to the extent of any indirect pecuniary interest he may have therein.
3. These shares were held indirectly in trust by Hewitt Associates LLC under EDS 401(k) Plan as of 02/28/06. There were .9143 dividend shares at $26.55 per unit credited to Reporting Person's account on 02/15/06. Hewitt Associates LLC accounts for holdings in the stock fund in units, comprised of stock and cash reserves. The shares reported represent an approximate value based upon the fund balance and market value of EDS Common Stock.
4. Information originally included at time grant was reported.
5. 1 for 1
6. Per Reporting Person's election with regard to issuance of phantom stock units ("PSU") under the Issuer's Executive Deferral Plan, an in-service distribution was elected to be made while the Reporting Person is employed. Shares of phantom stock units under the Issuer's Executive Deferral Plan are immediately exercisable, but issued following termination of Reporting Person's employment with Issuer. Of the amount reported 114.65 in phantom stock unit dividends at $26.545 were credited to Reporting Person's EDP account on 02/15/06.
Remarks:
Linda Epstein as Attorney-in-Fact for Jeffrey M. Heller 03/06/2006
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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