SEC Form 4 · accession 0001209191-15-020196
SunGard
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Victoria E Silbey
Officer — SVP & Chief Legal Officer
Period of report
Feb 26, 2015
Accepted (ET)
Mar 2, 2015 · 3:41 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001337272
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A-8 Common StockF1,F2 | Feb 26, 2015 | M | 62,075 | — | A | 117,744 | D | |
| Class A-8 Common Stock | Feb 26, 2015 | F | 35,147 | $0.01 | D | 82,597 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Rollover Unit Option (right to buy)F2 | $4.03 | Feb 26, 2015 | M | 47,750 | D | Aug 11, 2005 | Mar 3, 2015 | Unit | 47,750 | 0 | D |
| Class L Common StockF3 | — | Feb 26, 2015 | M | 6,897 | A | — | — | Class A-8 Common Stock | 6,897 | 13,083 | D |
| Class L Common StockF3 | — | Feb 26, 2015 | F | 3,905 | D | — | — | Class A-8 Common Stock | 3,905 | 9,177 | D |
Explanation of responses
- F1Shares received upon exercise of an aggregate of 47,750.031 options for Units at an exercise price of $4.03 per Unit.
- F2Each "Unit" consists of 1.3 shares of Class A-8 common stock and 0.1444 shares of Class L common stock of SunGard Capital Corp. and 0.038 shares of preferred stock of SunGard Capital Corp. II.
- F3Each share of Class L common stock automatically converts into one share of Class A-8 common stock, plus an additional number of shares based on the public offering price established in connection with an initial public offering of the Issuer's securities (i) immediately prior to an initial public offering of the Issuer, (ii) in connection with a realization event of the Issuer, upon the approval of the Requisite Principal Investors, or (iii) in connection with the registration, under the Securities Act of 1933, of the Class A-8 common stock, unless the Majority Principal Investors determine otherwise.