0001181431-12-063579.txt : 20121211 0001181431-12-063579.hdr.sgml : 20121211 20121211071714 ACCESSION NUMBER: 0001181431-12-063579 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20121207 FILED AS OF DATE: 20121211 DATE AS OF CHANGE: 20121211 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: OLOFSON CHRISTOPHER E CENTRAL INDEX KEY: 0001032025 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-22081 FILM NUMBER: 121254901 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 rrd362895.xml DECEMBER 2012 SWAP OPTION EXERCISE X0306 4 2012-12-07 0 0001027207 EPIQ SYSTEMS INC EPIQ 0001032025 OLOFSON CHRISTOPHER E 501 KANSAS AVE. KANSAS CITY KS 66105 1 1 0 0 President & COO Common Stock 2012-12-07 4 M 0 112500 11.33 A 739841 D Common Stock 2012-12-07 4 F 0 104821 12.16 D 635020 D Common Stock 2012-12-07 4 F 0 3183 12.16 D 631837 D NonQualified Stock Options (right to buy) 11.33 2012-12-07 4 M 0 112500 0 D 2003-04-17 2013-01-17 Common Stock 112500 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 Settlmenet 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 and the relatred payroll withholding tax obligation. This component of the Cashless Net Share Settlment 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 December 7, 2012. The component of the Cashless Net Share Settlement represents surrendered shares to fund payroll taxes due by the reporting person in connection with the option exercised on December 7, 2012. Common stock of 631,837 (including 150,000 shares of restricted stock) shown in Table I above excludes options of 1,217,500. Total amount of common stock and options is 1,849,337. The stock options became fully exercisable three months after the January 17, 2003 grant date. /s/ Christopher E. Olofson 2012-12-10