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*
ARMSTRONG T PAUL

(Last) (First) (Middle)
7031 COLUMBIA GATEWAY DRIVE

(Street)
COLUMBIA MD 21046-2289

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
MICROS SYSTEMS INC [ MCRS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
Officer (give title below) X Other (specify below)
Former EVP, Chief Tech Officer
3. Date of Earliest Transaction (Month/Day/Year)
07/16/2008
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 07/16/2008 M 11,334 A $16.675 216,716 D
Common Stock 07/16/2008 S 11,334 D $29.9841 205,382 D
Common Stock 07/16/2008 M 26,666 A $23.7125 232,048 D
Common Stock 07/16/2008 S 26,666 D $29.9841 205,382 D
Common Stock 07/16/2008 M 6,666 A $25.91 212,048 D
Common Stock 07/16/2008 S 6,666 D $29.9841 205,382 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) $16.675 07/16/2008 M 11,334 11/19/2005(1) 11/19/2014 Common Stock 11,334 $29.9841 0 D
Non-Qualified Stock Option (right to buy) $23.7125 07/16/2008 M 26,666 11/18/2006(1) 11/18/2015 ommon Stock 26,666 $29.9841 9,118(2) D
Non-Qualified Stock Option (right to buy) $25.91 07/16/2008 M 6,666 11/17/2007(1) 11/17/2016 ommon Stock 6,666 $29.9841 13,334(2) D
Explanation of Responses:
1. First one-third exercisable one year after date of grant; second one-third exercisable two years after date of grant; final one-third exercisable three years after date of grant.
2. These stock options are forfeited as they were not vested as of the date of Mr. Armstrong's retirement.
Remarks:
Thomas P. Armstrong retired on June 25, 2008.
Thomas L. Patz for Thomas P. Armstrong 07/18/2008
** 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.
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