-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, IFhJ9oaU91bmJEGlCU+D9HTLdK+NtdYL4E4M6nrG1EjtlAPoLnftSV5zSmUSO8ML IwSdtATbw2vPo0RrywioGQ== 0001209191-08-035094.txt : 20080604 0001209191-08-035094.hdr.sgml : 20080604 20080604162524 ACCESSION NUMBER: 0001209191-08-035094 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20080602 FILED AS OF DATE: 20080604 DATE AS OF CHANGE: 20080604 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: ECLIPSYS CORP CENTRAL INDEX KEY: 0001034088 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373] IRS NUMBER: 650632092 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: THREE RAVINIA DRIVE CITY: ATLANTA STATE: GA ZIP: 30346 BUSINESS PHONE: 404-847-5000 MAIL ADDRESS: STREET 1: THREE RAVINIA DRIVE CITY: ATLANTA STATE: GA ZIP: 30346 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Stearns Frank JR CENTRAL INDEX KEY: 0001342587 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-24539 FILM NUMBER: 08880886 BUSINESS ADDRESS: BUSINESS PHONE: 404-847-5000 MAIL ADDRESS: STREET 1: THREE RAVINIA DRIVE CITY: ATLANTA STATE: GA ZIP: 30346 4 1 doc4.xml FORM 4 SUBMISSION X0202 4 2008-06-02 0 0001034088 ECLIPSYS CORP ECLP 0001342587 Stearns Frank JR THREE RAVINIA DRIVE ATLANTA GA 30346 0 1 0 0 Senior Vice President Common Stock 2008-06-02 4 F 0 8462 20.40 D 96105 D Common stock 2008-06-02 4 S 0 2667 19.76 D 93438 D The reporting person owns restricted stock issued by the issuer in connection with employment. Vesting of the shares results in taxable income, in respect of which the issuer pays tax deposits to the tax authorities on behalf of the reporting person. The reporting person reimburses the issuer for these tax deposits through the surrender to the issuer of vested shares having a value equal to the federal income tax paid at the minimum supplemental rate of 25% plus Medicare plus any applicable state income tax. In order to raise cash approximately equal to the amount of federal income tax payable in excess of such minimum supplemental rate, the reporting person sells shares pursuant to a 10b5-1 plan on or shortly following the vesting date. Such surrender of shares to the issuer and sale of shares are reported on this Form 4. Includes both vested shares and shares subject to contractual restrictions on transfer until vested. /s/Frank E. Stearns/rms under power of attorney 2008-06-04 -----END PRIVACY-ENHANCED MESSAGE-----