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*
(Street)
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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)
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3. Date of Earliest Transaction
(Month/Day/Year) 11/26/2007 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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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 | 06/11/2007 | A | 22 | A | (2) | 861,474(2) | D | |||
Common Stock | 11/26/2007 | G | V | 1,150 | A | (3) | 860,324 | D | ||
Common Stock | 11/26/2007 | G | V | 1,150 | A | (3) | 859,174 | D | ||
Common Stock | 11/26/2007 | G | V | 1,150 | A | (3) | 858,024 | D | ||
Common Stock | 11/26/2007 | G | V | 1,150 | A | (3) | 856,874 | D | ||
Common Stock | 11/26/2007 | G | V | 1,150 | A | (4) | 855,724 | D | ||
Common Stock | 11/26/2007 | G | V | 1,150 | A | (4) | 854,574 | D | ||
Common Stock | 11/26/2007 | G | V | 1,150 | A | (4) | 853,424 | D | ||
Common Stock | 11/26/2007 | A | V | 1,150 | A | (4) | 2,025(4) | I | By Spouse as Trustee for the Jeffrey Austin Heller 2006 Trust Account | |
Common Stock | 11/26/2007 | A | V | 1,150 | A | (4) | 2,025(4) | I | By Spouse as Trustee for the Robert Brandon Heller 2006 Trust Account | |
Common Stock | 11/26/2007 | A | V | 1,150 | A | (4) | 2,025(4) | I | By Spouse as Trustee for the Ford Christopher Myers 2006 Trust Account | |
Common Stock | 4,389(5) | I | By Spouse as Trustee for the Jeffrey Austin Heller 2000 Trust Account | |||||||
Common Stock | 4,389(5) | I | By Spouse as Trustee for the Robert Brandon Heller 2000 Trust Account | |||||||
Common Stock | 580.91(6) | I | JP Morgan Retirement Plan Services |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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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 | (7) | (7) | Common Stock | (7) | 500,000(1) | D | ||||||||
Employee Stock Option (right to buy) 8/10/98 Grant | $40.5937 | (7) | (7) | Common Stock | (7) | 60,000(1) | D | ||||||||
Employee Stock Option (right to buy) 3/20/03 Grant | $15.58 | (7) | (7) | Common Stock | (7) | 125,000(1) | D | ||||||||
Employee Stock Option (right to buy) 3/20/03 Grant | $20.254 | (7) | (7) | Common Stock | (7) | 125,000(1) | D | ||||||||
Employee Stock Option (right to buy) 3/24/04 Grant | $19.175 | (7) | (7) | Common Stock | (7) | 150,000(1) | D | ||||||||
Employee Stock Option (right to buy) 3/24/04 Grant | $24.9275 | (7) | (7) | Common Stock | (7) | 150,000(1) | D | ||||||||
Employee Stock Option (right to buy) 3/31/05 Grant | $20.665 | (7) | (7) | Common Stock | (7) | 188,000(1) | D | ||||||||
Employee Stock Option (right to buy) 3/15/06 Grant | $27.475 | (7) | (7) | Common Stock | (7) | 250,000(1) | D | ||||||||
Employee Stock Option (right to buy) 3/15/07 Grant | $27.37 | (7) | (7) | Common Stock | (7) | 250,000(1) | D | ||||||||
Phantom Stock - EDP (1 for 1) | $0(8) | 05/11/2007 | A | 73(9) | (9) | (9) | Common Stock | 73(9) | (9) | 18,079(9) | D |
Explanation of Responses: |
1. No reportable change since the last filing, this is a reiteration of holdings only. |
2. This amount 22.735 reflects 9.8460 non-derivative dividend shares @ $28.24 and 12.8890 dividend shares @ $21.61 acquired under the Issuer's Employee Stock Purchase Plan on 06/11/07 and 09/10/07 respectively, and a deminimus rounding adjustment to the total beneficially owned related to dividends and prior reporting thereof. |
3. 1,150 shares were gifted individually to each of Debbie Heller Myers and Christopher Daniel Myers; and Kristi Kay Green and Dennis Scott Green. No price to report. The reporting person disclaims beneficial ownership of all securities held by his adult daughter and her spouse; and his adult daughter-in-law and her spouse who received such gifts, and this report should not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose. |
4. These shares were gifted individually to Jeffrey Austin Heller, Robert Brandon Heller, and Ford Christopher Myers in their 2006 Trust Accounts (i.e., the Jeffrey Merwin Heller & Carol Jean Franklin Heller, Trustee UA December 2006 The Jeffrey Austin Heller 2006 Trust FBO Jeffrey Austin Heller; the Jeffrey Merwin Heller & Carol Jean Franklin Heller, Trustee UA December 2006 The Robert Brandon Heller 2006 Trust FBO Robert Brandon Heller; and the Jeffrey Merwin Heller & Carol Jean Franklin Heller, Trustee UA December 2006 The Ford Christopher Myers 2006 Trust FBO Ford Christopher Myers respectively), and 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. |
5. No reportable change to the shares originally gifted to Jeffrey Austin Heller (i.e., under the Jeffrey Merwin Heller & Carol Jean Franklin Heller, Trustees UA March 10, 2000 The Jeffrey Austin Heller 2000 Trust FBO Jeffrey Austin Heller), and to Robert Brandon Heller (i.e., under the Jeffrey Merwin Heller & Carol Jean Franklin Heller, Trustees UA March 10, 2000 The Robert Brandon Heller 2000 Trust FBO Robert Brandon Heller) and 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. |
6. These shares were held indirectly in trust by JP Morgan Retirement Plan Services under EDS 401(k) Plan as of 10/31/07, and reflects 1.019 dividends @ $28.04 from 05/11/07 and 1.310 dividends @ $21.80 from 09/10/07. As of 06/01/07, the 401(k) Plan administrator changed from Hewitt Associates LLC to JP Morgan Retirement Plan Services, who 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. |
7. Information originally included at time grant was reported. |
8. 1 for 1 |
9. 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 PSU under the Issuer's Executive Deferral Plan are immediately exercisable, but issued following termination of Reporting Person's employment with Issuer. The 73.4980 EDP phantom stock units reported is comprised of 32.1150 @ $28.0350 phantom stock dividends from 05/11/07 and 41.3830 @ $21.7950 phantom stock dividends from 09/10/07. The total reflects a minor adjustment due to rounding. |
Remarks: |
Linda Epstein as Attorney-in-Fact for Jeffrey M. Heller | 11/28/2007 | |
** 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). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |