SEC FORM 4

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^*

CROOK JAMES R JR

(Last)

(First)

(Middle)

1400 SHELBURNE RD

PO BOX 1070

(Street)

SOUTH BURLINGTON

05403

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
IDX SYSTEMS CORP [ IDXC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	President and CEO

3. Date of Earliest Transaction (Month/Day/Year)
01/15/2004

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock⁽¹⁾								157,855	D
Common Stock								49,530	I	by Trust⁽²⁾

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Non-Qualified Stock Option (right to buy)	$27.605	01/15/2004		A		14,401		01/15/2005⁽⁴⁾	01/15/2014	Common Stock	14,401	$0⁽³⁾	14,401	D
Non-Qualified Stock Option (right to buy)	$13.625							04/22/1999⁽⁵⁾	04/22/2009	Common Stock	85,000		85,000	D
Non-Qualified Stock Option (right to buy)	$14.355							06/16/2004⁽⁶⁾	06/16/2013	Common Stock	700,000		700,000	D
Non-Qualified Stock Option (right to buy)	$17.5078							10/16/2005	03/22/2011	Common Stock	133,000		133,000	D
Non-Qualified Stock Option (right to buy)	$17.545							12/30/2003⁽⁷⁾	12/30/2012	Common Stock	147,000		147,000	D
Non-Qualified Stock Option (right to buy)	$17.75							10/16/2005	10/16/2010	Common Stock	147,000		147,000	D
Non-Qualified Stock Option (right to buy)	$30.25							05/01/1997⁽⁸⁾	05/01/2007	Common Stock	9,337		9,337	D
Non-Qualified Stock Option (right to buy)	$31.2188							11/24/1998⁽⁹⁾	11/24/2007	Common Stock	14,100		14,100	D

Explanation of Responses:

1. Footnote refers to Column 5: Indirect Ownership of 49,530 shares held by Trust.

2. Shares are held in trust for the benefit of the reporting person's children. The reporting person's wife is trustee.

3. Not applicable. The reporting person was granted options pursuant to the Company's 1995 Stock Option Plan.

4. Grant to reporting person of options to purchase 14,401 shares of common stock under the IDX Systems Corporation 1995 Stock Option Plan. The option becomes exercisable in one-third increments of 4,801 shares on January 15, 2005, 4,800 shares on January 15, 2006 and 4,800 shares on January 15, 2007. The plan pursuant to which the reported option was granted provides for tax withholding rights.

5. Grant to reporting person of option to purchase 85,000 shares of common stock under the IDX Systems Corporation 1995 Stock Option Plan. The option becomes exercisable in 25 percent increments of 21,250 shares each on April 22, 1999, April 22, 2000, April 22, 2001 and April 22, 2002. The plan pursuant to which the reported option was granted provides for tax withholding rights.

6. Grant to reporting person of options to purchase 400,000 shares of common stock under the IDX Systems Corporation 1995 Stock Option Plan. The option becomes exercisable in 25 percent increments of 100,000 shares each on June 16, 2004, June 16, 2005, June 16, 2006 and June 16, 2007. The common stock received upon exercise of these options will be subject to certain restrictions on transfer, subject to the Company's achievement of certain performance objectives, which restrictions lapse after December 31, 2012. The plan pursuant to which the reported option was granted provides for tax withholding rights.

7. Grant to reporting person of options to purchase 147,000 shares of common stock under the IDX Systems Corporation 1995 Stock Option Plan. The option becomes exercisable in 25 percent increments of 36,750 shares each on December 30, 2003, December 30, 2004, December 30, 2005 and December 30, 2006. The plan pursuant to which the reported option was granted provides for tax withholding rights.

8. Grant to reporting person to purchase 4,669 shares of common stock under the IDX Systems Corporation 1995 Stock Option Plan vesting of which can accelerate in four portions beginning December 31, 1997, if the Company achieves specified criteria. The plan pursuant to which the reported option was granted provies for tax withholding rights.

9. Grant to reporting person to purchase 14,100 shares of common stock under the IDX Systems Corporation 1995 Stock Option Plan. The option becomes exercisable in 25 percent increments of 3,525 shares each on November 24, 1998, November 24, 1999, November 24, 2000 and November 24, 2001. The plan pursuant to which the reported option was granted provides for tax withholding rights.

	By: Diane L. Brown, Attorney-In-Fact For: James H. Crook, Jr.	01/19/2004
	** 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.
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