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*
FELD CHARLES

(Last) (First) (Middle)
5400 LEGACY DRIVE

(Street)
PLANO TX 75024

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
ELECTRONIC DATA SYSTEMS CORP /DE/ [ EDS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Sr EVP App Serv
3. Date of Earliest Transaction (Month/Day/Year)
02/25/2008
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 02/25/2008 D 6,644 D (1) 365,822 D
Common Stock 02/25/2008 F 13,092 D $18.875(1) 352,730 D
Common Stock 405.34(2)(3) I JP Morgan Retirement Plan Services
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
Employee Stock Option (right to buy) 01/09/04 Grant $23.955 (4) (4) Common Stock (4) 269,838(3) D
Employee Stock Option (right to buy) 03/24/04 Grant $19.175 (4) (4) Common Stock (4) 100,000(3) D
Employee Stock Option (right to buy) 03/31/05 Grant $20.665 (4) (4) Common Stock (4) 99,000(3) D
Employee Stock Option (right to buy) 03/15/06 Grant $27.475 (4) (4) Common Stock (4) 130,000(3) D
Employee Stock Option (right to buy) 03/15/07 Grant $27.37 (4) (4) Common Stock (4) 210,000(3) D
Employee Stock Option (right to buy) 02/13/08 Grant $18.295 (4) (4) Common Stock (4) 240,000(3) D
Phantom Stock - EDP (1 for 1) $0(5) (6) (6) Common Stock (6) 1,366.59(3)(6) D
Explanation of Responses:
1. The 03/31/05 Annual Performance RSU award ("Award") for the performance period (01/01/05-12/31/07), vested 44,000 PRSUs @ a performance percentage of 84.9% resulting in a forfeiture of 6,644 PRSUs back to the Issuer, as well as those 13,092 shares also withheld by Issuer for taxes in connection with the PRSUs that vested. The Award was voluntarily early reported based on vesting criteria, so the total of Reporting Person's beneficial ownership has been reduced accordingly.
2. These shares were held indirectly under the Issuer's 401(k) Plan as of 01/31/08. JP Morgan Retirement Plan Services accounts for holdings in the stock fund in units, comprised of stock and cash reserves. The shares reported represent an approximate value based upon the fund balance and market value of Issuer's common stock.
3. No reportable change since the last filing.
4. Information originally included at time grant was reported.
5. 1 for 1
6. Per Reporting Person's election with regard to issuance of phantom stock units ("PSU") under the Issuer's Executive Deferral Plan, an in-service distribution was elected to be made while the Reporting Person is employed. Shares of PSU under the Issuer's Executive Deferral Plan are immediately exercisable, but issued following termination of Reporting Person's employment with Issuer.
Remarks:
Linda Epstein as Attorney-in-Fact for Charles S. Feld 02/26/2008
** 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).
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