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*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
EFUNDS CORP [ EFD ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 09/12/2007 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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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 (12098)(1) | 09/12/2007 | D | 12,098 | D | (2) | 0 | D | |||
Common Stock (15463.39) | 09/12/2007 | D | 15,463.39 | D | (2) | 0 | D |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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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) (272827) | (3) | 09/12/2007 | D | 272,827 | (3) | (3) | Common Stock | (3) | (3) | 0 | D |
Explanation of Responses: |
1. Restricted Stock Units were granted on January 13, 2005 (original grant 4,300 units), May 18, 2006 (original grant 4,548 units) and February 13, 2007 (original grant 7,632 units). The units were originally scheduled to vest and be converted into shares of common stock in three equal installments on February 19th in each of the three succeeding years following the date of grant if the holder continued in the employ of the Company through the applicable vesting date. The vesting of the units was subject to acceleration upon the death or disability of the holder and any change in control of the Company. |
2. Shares or restricted stock units were disposed of pursuant to the merger agreement, dated June 26, 2007 (the "Merger Agreement"), by and between the Company, Fidelity National Information Services, Inc. and Agamemnon Merger Corp. in exchange for the merger consideration (the "Merger Consideration") of $36.50 per share. |
3. Options were canceled in the merger referenced in footnote 1 in exchange for a cash payment equal to the amount obtained by multiplying (i) the difference between the Merger Consideration and the exercise price of the option by (ii) the number of shares subject thereto. Ten year options were granted on June 26, 2000 (61,538 shares @ $13.00 per share), January 2, 2002 (54,000 shares @ $13.78 per share), February 14, 2003 (20,000 shares @ $7.08 per share), February 19, 2004 (32,000 shares @ $16.27 per share), January 13, 2005 (32,000 shares @ $21.38 per share), February 16, 2006 (32,000 shares @ $23.02 per share) and February 13, 2007 (41,289 shares @ $24.02 per share). Each option was originally scheduled to vest in three equal annual installments, subject to acceleration under the circumstances described in footnote 1. |
Remarks: |
Steven F. Coleman /s/ Steven F. Coleman | 09/12/2007 | |
** 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. |