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*
Gordon Storrow M

(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)
Exec VP, GC & Sec
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 2,838 D (1) 137,557 D
Common Stock 02/25/2008 F 4,222 D $18.875(1) 133,335 D
Common Stock 750.02(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) 2/10/03 Grant $16.205 (4) (4) Common Stock (4) 15,000(3) D
Employee Stock Option (right to buy) 3/24/04 Grant $19.175 (4) (4) Common Stock (4) 16,100(3) D
Employee Stock Option (right to buy) 3/24/04 Grant $19.175 (4) (4) Common Stock (4) 20,000(3) D
Employee Stock Option (right to buy) 3/24/04 Grant $19.175 (4) (4) Common Stock (4) 357(3) D
Employee Stock Option (right to buy) 3/15/06 Grant $27.475 (4) (4) Common Stock (4) 90,000(3) D
Employee Stock Option (right to buy) 3/15/07 Grant $27.37 (4) (4) Common Stock (4) 110,000(3) D
Employee Stock Option (right to buy) 2/13/08 Grant $18.295 (4) (4) Common Stock (4) 120,000(3) D
Explanation of Responses:
1. The 03/31/05 Officers PRSU award ("Award") for the performance period (01/01/05-12/31/07), vested 18,800 PRSUs @ a performance percentage of 84.9% resulting in a forfeiture of 2,838 PRSUs back to the Issuer, as well as those 4,222 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, this is a reiteration of holdings only.
4. Information originally included at time grant was reported.
Remarks:
Linda Epstein as Attorney-in-Fact for Storrow M. Gordon 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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