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*
Park Larence

(Last) (First) (Middle)
C/O EFUNDS CORPORATION
8501 N. SCOTTSDALE RD. STE 300

(Street)
SCOTTSDALE AZ 85253

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
EFUNDS CORP [ EFD ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
SVP - Prepaid Solutions
3. Date of Earliest Transaction (Month/Day/Year)
08/08/2005
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
Restricted Stock Units (37500)(1) 37,500 D
Common Stock 08/08/2005 P 11,800 A $19.05 11,800 D(2)
Common Stock 08/08/2005 P 9,500 A $19 21,300 D(2)
Common Stock 08/08/2005 P 300 A $19.01 21,600 D(2)
Common Stock 08/08/2005 P 300 A $18.99 21,900 D(2)
Common Stock 08/08/2005 P 200 A $18.98 22,100 D(2)
Common Stock 08/09/2005 P 8,900 A $19.2 31,000 D(2)
Common Stock 08/09/2005 P 200 A $19.19 31,200 D(2)
Common Stock 08/09/2005 P 100 A $19.18 31,300 D(2)
Common Stock 08/09/2005 P 100 A $19.16 31,400 D(2)
Common Stock 08/09/2005 P 400 A $19.17 31,800 D(2)
Common Stock 08/09/2005 P 6,900 A $19.15 38,700 D(2)
Common Stock 08/09/2005 P 700 A $19.13 39,400 D(2)
Common Stock 08/09/2005 P 600 A $19.12 40,000 D(2)
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
Option (right to buy) (150000) (3) (3) (3) Common Stock 150,000 150,000 D
Explanation of Responses:
1. Restricted Stock Units were granted on July 1, 2005 (37,500). The rights will generally vest and be converted into shares of common stock on September 16th in each of 2008 (22,500 units), 2009 (7,500 units) and 2010 (7,500 units), provided that the holder continues in the employ of the Company through the applicable vesting date. The vesting of the rights is subject to acceleration upon the death or disability of the holder and any change in control of the Company (each of such events being herein referred to as an "Acceleration Event").
2. Shares are held jointly with spouse.
3. Options were granted under the Company's Stock Incentive Plan on July 1, 2005(150,000 shares @ $17.95 per share). Each option has a term of ten years from the date of grant. Sixty percent of the option vests on the third anniversary of the date of grant and the balance of the option vests in equal installments on the fourth and fifth anniversaries of each grant date if the holder continues to provide services to the Company through the applicable vesting date. The vesting of the option is subject to acceleration upon the occurrence of an Acceleration Event.
Remarks:
Larence Park by Steven F. Coleman /s/ Steven F. Coleman 08/10/2005
** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.