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*
GORMAN STEPHEN C

(Last) (First) (Middle)
7455 CUVIER STREET

(Street)
LA JOLLA CA 92037

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
President and General Manager
3. Date of Earliest Transaction (Month/Day/Year)
06/30/2004
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)
Code V Amount (A) or (D) Price
Common Stock 06/30/2004 I(1) 737 A $23.443 6,168 D
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
Non-Qualified Stock Option (right to buy) $13.625 04/22/1999(2) 04/22/2009 Common Stock 13,000 13,000 D
Non-Qualified Stock Option (right to buy) $15.515 02/26/2004(3) 02/26/2013 Common Stock 28,000 28,000 D
Non-Qualified Stock Option (right to buy) $15.55 07/02/2002(4) 07/02/2011 Common Stock 30,000 30,000 D
Non-Qualified Stock Option (right to buy) $16.225 03/18/2003(5) 03/18/2012 Common Stock 40,000 40,000 D
Non-Qualified Stock Option (right to buy) $16.5938 08/25/2001(6) 08/25/2010 Common Stock 10,000 10,000 D
Non-Qualified Stock Option (right to buy) $30.4 02/09/2005(7) 02/09/2014 Common Stock 25,725 25,725 D
Non-Qualified Stock Option (right to buy) $30.625 09/06/1997(8) 09/06/2006 Common Stock 3,750 3,750 D
Non-Qualified Stock Option (right to buy) $31.5625 11/07/1998(9) 11/07/2007 Common Stock 3,200 3,200 D
Explanation of Responses:
1. Purchase under Section 423 Plan.
2. Grant to reporting person of option to purchase 12,000 shares of common stock under the IDX Systems Corporation 1995 Stock Option Plan. The option becomes exercisable in 25 percent increments of 3,000 shares each on April 22, 1999, April 22, 2000, April 22, 2001 and April 22, 2002. Grant to reporting person of option to purchase 3,000 shares of common stock under the IDX Systems Corporation 1995 Stock Option Plan. The option becomes exercisable on the expiration of eight years from date of grant (April 22, 2007). Vesting can accelerate if the Corporation achieves certain goals. The plan pursuant to which the reported options were granted provides for tax withholding rights.
3. Grant to reporting person to purchase 28,000 shares of common stock under the IDX Systems Corporation 1995 Stock Option Plan. The option becomes exercisable in 25 percent increments of 7,000 shares each on February 26, 2004, February 26, 2005, February 26, 2006 and February 26, 2007. The plan pursuant to which the reported option was granted provides for tax withholding rights.
4. Grant to reporting person to purchase 30,000 shares of common stock under the IDX Systems Corporation 1995 Stock Option Plan. The option becomes exercisable in 25 percent increments of 7,500 shares each on July 2, 2002, July 2, 2003, July 2, 2004 and July 2, 2005. The plan pursuant to which the reported option was granted provides for tax withholding rights.
5. Grant to reporting person to purchase 40,000 shares of common stock under the IDX Systems Corporation 1995 Stock Option Plan. The option becomes exercisable in 25 percent increments of 10,000 each on March 18, 2003, March 18, 2004, March 18, 2005 and March 18, 2006. The plan pusruant to which the reported option was granted provides for tax withholding rights.
6. Grant to reporting person of option to purchase 10,000 shares of common stock under IDX Systems Corporation 1995 Stock Option Plan. The option becomes exercisable in 25 percent increments of 2,500 each August 25, 2001, August 25, 2002, August 25, 2003 and August 25, 2004. The plan pursuant to which the reported option was granted provides for tax withholding rights.
7. Grant to reporting person to purchase 25,725 shares of common stock under the IDX Systems Corporation 1995 Stock Option Plan. The option becomes exercisable in 25 percent increments of 6,432 shares on February 9, 2005 and 6,431 shares each on February 9, 2006, February 9, 2007 and February 9, 2008. The plan pursuant to which the reported option was granted provides for tax withholding rights.
8. Grant to reporting person of option to purchase 2,500 shares of common stock under the IDX Systems Corporation 1995 Stock Option Plan. The option becomes exercisable on the expiration of eight years from date of grant. Vesting can accelerate if the Corporation achieves certain goals. The plan pursuant to which the reported option was granted provides for tax withholding rights.
9. Grant to reporting person of option to purchase 3,200 shares of common stock under the IDX Systems Corporation 1995 Stock Option Plan. The option becomes exercisable in 25 percent increments of 800 shares each on November 7, 1998, November 7, 1999, November 7, 2000 and November 7, 2001. The plan pursuant to which the reported option was granted provides for tax withholding rights.
By: Diane L. Brown, Attorney-In-Fact For: Stephen C. Gorman 07/02/2004
** 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).
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