| 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
SUNGARD DATA SYSTEMS INC [ SDS ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 08/10/2005 | ||||||||||||||||||||||||||
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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 | 08/10/2005 | D | 95,586.416 | D | (1) | 62,792(2) | D | |||
| Common Stock | 08/11/2005 | M | 13,920 | A | $19.8125 | 76,712 | D | |||
| Common Stock | 08/11/2005 | M | 25,200 | A | $13.375 | 101,902 | D | |||
| Common Stock | 08/11/2005 | M | 16,000 | A | $28.5 | 117,912 | D | |||
| Common Stock | 08/11/2005 | M | 29,827 | A | $32.81 | 147,739 | D | |||
| Common Stock | 08/11/2005 | M | 5,040 | A | $19.8125 | 152,779 | D | |||
| Common Stock | 08/11/2005 | M | 51,600 | A | $19.8125 | 204,379 | D | |||
| Common Stock | 08/11/2005 | M | 52,000 | A | $15.7188 | 256,379 | D | |||
| Common Stock | 08/11/2005 | M | 61,200 | A | $28.5 | 317,579 | D | |||
| Common Stock | 08/11/2005 | D | 62,792(6) | D | $36 | 254,787 | D | |||
| Common Stock | 08/11/2005 | S | 254,787 | D | $36 | 0 | D | |||
| Common Stock | 08/11/2005 | D | 6,481(6) | D | $36 | 0 | I(5) | By wife | ||
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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 | ||||||||
| Option to Buy | $19.8125 | 08/11/2005 | M | 13,920 | 02/26/2004 | 03/03/2009 | Common Stock | 13,920 | $0 | 0 | D | ||||
| Option to Buy | $13.375 | 08/11/2005 | M | 25,200 | 01/06/2005 | 01/11/2010 | Common Stock | 25,200 | $0 | 0 | D | ||||
| Option to Buy | $28.5 | 08/11/2005 | M | 16,000 | 08/11/2005(3) | 03/07/2011 | Common Stock | 16,000 | $0 | 0 | D | ||||
| Option to Buy | $32.81 | 08/11/2005 | M | 29,827 | 08/11/2005(3) | 03/06/2012 | Common Stock | 29,827 | $0 | 10,173 | D | ||||
| Option to Buy | $19.8125 | 08/11/2005 | M | 5,040 | 02/26/2004 | 02/26/2009 | Common Stock | 5,040 | $0 | 0 | D | ||||
| Option to Buy | $19.8125 | 08/11/2005 | M | 51,600 | 07/01/2002 | 03/03/2009 | Common Stock | 51,600 | $0 | 0 | D | ||||
| Option to Buy | $15.7188 | 08/11/2005 | M | 52,000 | 08/11/2005(3) | 02/27/2010 | Common Stock | 52,000 | $0 | 0 | D | ||||
| Option to Buy | $28.5 | 08/11/2005 | M | 61,200 | 08/11/2005(3) | 03/07/2011 | Common Stock | 61,200 | $0 | 0 | D | ||||
| Option to Buy | $32.81 | 08/11/2005 | D | 10,173 | 08/11/2005(3) | 03/06/2012 | Common Stock | 10,173 | (4) | 0 | D | ||||
| Option to Buy | $32.81 | 08/11/2005 | D | 48,750 | 08/11/2005(3) | 03/06/2012 | Common Stock | 48,750 | (4) | 0 | D | ||||
| Option to Buy | $19.35 | 08/11/2005 | D | 64,000 | 08/11/2005(3) | 03/03/2013 | Common Stock | 64,000 | (4) | 0 | D | ||||
| Option to Buy | $28.28 | 08/11/2005 | D | 30,000 | 08/11/2005(3) | 11/06/2013 | Common Stock | 30,000 | (4) | 0 | D | ||||
| Option to Buy | $28.03 | 08/11/2005 | D | 70,600 | 08/11/2005(3) | 02/25/2014 | Common Stock | 70,600 | (4) | 0 | D | ||||
| Option to Buy | $26.08 | 08/11/2005 | D | 71,700 | 08/11/2005(3) | 03/03/2015 | Common Stock | 71,700 | (4) | 0 | D | ||||
| Explanation of Responses: |
| 1. In connection with the merger of Solar Capital Corp. with and into the Issuer, shares of the Issuer are being contributed in exchange for equity in the acquiring entities valued, in the aggregate, at an amount equal to $36.00 per share contributed. |
| 2. Includes shares acquired under Issuer's employee stock purchase plan through 03/31/05. |
| 3. Immediately before the effective time of the merger of Solar Capital Corp. with and into the Issuer, all unvested options became fully vested and immediately exercisable. |
| 4. In connection with the merger of Solar Capital Corp. with and into the Issuer, stock options of the Issuer were converted into options to purchase equity in the acquiring entities based on a formula designed to equal the current intrinsic value of the converted options. |
| 5. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose. |
| 6. In connection with the merger of Solar Capital Corp. with and into the Issuer, shares of the Issuer's common stock were cancelled in the merger for $36 per share. |
| Leslie S. Brush, Attorney-in-fact for Donald W. Birdwell | 08/12/2005 | |
| ** 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. | ||