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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
  
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*
KANE JOHN A

(Last) (First) (Middle)
P.O. BOX 1070
40 IDX DRIVE

(Street)
BURLINGTON VT 05402

(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)
Sr. Vice President, Finance
3. Date of Earliest Transaction (Month/Day/Year)
12/05/2005
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 12/05/2005 G 1,527 D $0 8,800 D
Common Stock 12/05/2005 G 8,800 D $0 0 D
Common Stock 13,223 I by Trust
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) $14.2188 07/12/2001(1) 07/12/2010 Common Stock 2,000 2,000 D
Non-Qualified Stock Option (right to buy) $10.9355 07/11/2003(2) 07/11/2012 Common Stock 13,200 13,200 D
Non-Qualified Stock Option (right to buy) $13.625 04/22/1999(3) 04/22/2009 Common Stock 25,000 25,000 D
Non-Qualified Stock Option (right to buy) $15.515 02/26/2004(4) 02/26/2013 Common Stock 37,500 37,500 D
Non-Qualified Stock Option (right to buy) $15.82 07/10/2002(5) 07/10/2011 Common Stock 33,000 33,000 D
Non-Qualified Stock Option (right to buy) $16.5938 08/25/2001(6) 08/25/2010 Common Stock 12,000 12,000 D
Non-Qualified Stock Option (right to buy) $30.4 02/09/2005(7) 02/09/2014 Common Stock 21,402 21,402 D
Non-Qualified Stock Option (right to buy) $30.625 09/06/1997(8) 09/06/2006 Common Stock 5,685 5,685 D
Non-Qualified Stock Option (right to buy) $31.2188 11/24/1998(9) 11/24/2007 Common Stock 6,675 6,675 D
Non-Qualified Stock Option (right to buy) $33.32 04/13/2006(10) 04/13/2015 Common Stock 26,100 26,100 D
Explanation of Responses:
1. Grant to reporting person of option to purchase 2,000 shares of common stock under the IDX Systems Corporation 1995 Stock Option Plan. The option becomes exercisable in 25 percent increments of 500 shares each on July 12, 2001, July 12, 2002, July 12, 2003 and July 12, 2004. The plan pursuant to whch the reported option was granted provides for tax withholding rights.
2. Grant to reporting person to purchase 13,200 shares of common stock under the IDX Systems Corporation 1995 Stock Option Plan. The option becomes exercisable in 25 percent increments of 3,300 each on July 11, 2003, July 11, 2004, July 11, 2005 and July 11, 2006. The plan pusruant to which the reported option was granted provides for tax withholding rights.
3. Grant to reporting person of option to purchase 5,000 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. Vesting can accelerate if the Corporation achieves certain goals. The plan pursuant to which the reported option was granted provides for tax withholding rights.
4. Grant to reporting person to purchase 37,500 shares of common stock under the IDX Systems Corporation 1995 Stock Option Plan. The option becomes exercisable in 25 percent increments of 9,375 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.
5. Grant to reporting person of option to purchase 33,000 shares of common stock under the IDX Systems Corporation 1995 Stock Option Plan. The option becomes exercisable in 25 percent increments of 8,250 shares each on July 10, 2002, July 10, 2003, July 10, 2004 and July 10, 2005. The plan pursuant to which the reported option was granted provides for tax withholding rights.
6. Grant to reporting person of option to purchase 12,000 shares of common stock under IDX Systems Corporation 1995 Stock Option Plan. The option becomes exercisable in 25 percent increments of 3,000 each on 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 21,402 shares of common stock under the IDX Systems Corporation 1995 Stock Option Plan. The option becomes exercisable in 25 percent increments of 5,351 shares each on February 9, 2005 and February 9, 2006, and 5,350 shares each on 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 to purchase 5,688 shares of common stock under the IDX Systems Corporation 1995 Stock Option Plan. The option becomes exercisable in 25 percent increments of 1,422 shares each on September 6, 1997, September 6, 1998, September 6, 1999 and September 6, 2000. The plan pursuant to which the reported option was granted provides for tax withholding rights.
9. Grant to reporting person to purchase 8,900 shares of common stock under the IDX Systems Corporation 1995 Stock Option Plan. The option becomes exercisable in 25 percent increments of 2,225 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.
10. Grant to reporting person to purchase 26,100 shares of common stock under the IDX Systems Corporation 1995 Stock Option Plan. The option becomes exercisable in 25 percent increments of 6,525 shares each on April 13, 2006, April 13, 2007, April 13, 2008, and April 13, 2009. The plan pursuant to which the reported option was granted provides for tax withholding rights.
By: Diane L. Brown, Attorney-In-Fact For: John A. Kane 12/06/2005
** 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.