SEC Form 4 · accession 0001181431-15-000134
SUNGARD CAPITAL CORP II
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Victoria E Silbey
Officer — SVP & Chief Legal Officer
Period of report
Dec 31, 2014
Accepted (ET)
Jan 5, 2015 · 1:14 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001337274
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Preferred StockF1 | Dec 31, 2014 | M | 358 | — | A | 1,756 | D | |
| Preferred Stock | Dec 31, 2014 | F | 126 | $190.09 | D | 1,630 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Time-Based Restricted Stock UnitF1,F2,F3 | — | Dec 31, 2014 | M | 9,404 | D | — | — | Units | 9,404 | 9,404 | D |
Explanation of responses
- F1Each Time-Based Restricted Stock Unit ("RSU") represented a right to receive Units (as defined in note 3 below) upon satisfaction of time-based vesting and payout conditions.
- F2Time-Based RSUs vest over three years with one-third vesting on each of December 31, 2013, December 31, 2014 and December 31, 2015. The Reporting Person's vested RSUs are paid in shares upon vesting.
- F3Each "Unit", as adjusted in connection with the March 31, 2014 split-off transaction, 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.