0001181431-12-052113.txt : 20120926
0001181431-12-052113.hdr.sgml : 20120926
20120926161043
ACCESSION NUMBER: 0001181431-12-052113
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20120924
FILED AS OF DATE: 20120926
DATE AS OF CHANGE: 20120926
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: SATTERLEE W BRYAN
CENTRAL INDEX KEY: 0001032028
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-22081
FILM NUMBER: 121111170
BUSINESS ADDRESS:
BUSINESS PHONE: 9133216392
MAIL ADDRESS:
STREET 1: ELECTRONIC PROCESSING INC
STREET 2: 501 KANSAS AVENUE
CITY: KANSAS CITY
STATE: KS
ZIP: 66105
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: EPIQ SYSTEMS INC
CENTRAL INDEX KEY: 0001027207
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING SERVICES [7371]
IRS NUMBER: 481056429
STATE OF INCORPORATION: MO
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 501 KANSAS AVENUE
CITY: KANSAS CITY
STATE: KS
ZIP: 66105-1309
BUSINESS PHONE: 9136219500
MAIL ADDRESS:
STREET 1: 501 KANSAS AVENUE
CITY: KANSAS CITY
STATE: KS
ZIP: 66105-1309
FORMER COMPANY:
FORMER CONFORMED NAME: ELECTRONIC PROCESSING INC
DATE OF NAME CHANGE: 19961116
4
1
rrd356815.xml
SWAP OPTION EXERCISE SEPTEMBER 2012
X0306
4
2012-09-24
0
0001027207
EPIQ SYSTEMS INC
EPIQ
0001032028
SATTERLEE W BRYAN
501 KANSAS AVE.
KANSAS CITY
KS
66105
1
0
0
0
Common Stock
2012-09-24
4
M
0
7500
11.33
A
27500
D
Common Stock
2012-09-24
4
F
0
6261
13.57
D
21239
D
NonQualified Stock Option (right to buy)
11.33
2012-09-24
4
M
0
7500
0
D
2004-01-17
2013-01-17
Common Stock
7500
0
D
The stock option grant was set to expire on January 17, 2013. The stock option was exercised using a Cashless Net Share Settlement in accordance with the terms of the Issuer's 1995 Equity Incentive Plan. A Cashless Net Share Settlement results in the reporting person holding shares upon exercise of the stock option and obligates them to surrender a portion of the shares received upon exercise of the stock option in order to satisfy the aggregate exercise price obligation.
This component of the Cashless Net Share Settlement reflects the shares that the reporting person was obligated to surrender to the Issuer to pay for the aggregate exercise price for the shares acquired on September 24, 2012.
Common Stock of 21,239 shown in Table I above excludes options of 95,000 (prior Form 4 reports included options in Table I). Total amount of common stock and options is 116,239.
The options became exercisable in five equal annual installments, commencing one year after the date of grant.
/s/ W. Bryan Satterlee
2012-09-26