X0306 4 2016-09-30 1 0001027207 EPIQ SYSTEMS INC EPIQ 0001032024 OLOFSON TOM W 501 KANSAS AVE KANSAS CITY KS 66105 1 1 0 0 Chairman & CEO Common Stock 2016-09-30 4 A 0 132765 0.00 A 2555417 D Common Stock 2016-09-30 4 D 0 2389035 16.50 D 166382 D Common Stock 2016-09-30 4 D 0 166382 16.50 D 0 D Non-Qualified Stock Option (right to buy) 10.39 2016-09-30 4 D 0 262500 6.11 D 2016-12-08 Common Stock 262500 0 D Non-Qualified Stock Option (right to buy) 14.25 2016-09-30 4 D 0 100000 2.25 D 2019-12-29 Common Stock 100000 0 D Represents unvested performance restricted stock units (PRSUs) granted on January 28, 2016 that represented a contingent right to receive one share of common stock per PRSU. Pursuant to the Agreement and Plan of Merger, dated as of July 26, 2016, by and among Epiq Systems, Inc., Document Technologies, LLC and DTI Merger Sub, Inc. (the "Merger Agreement") and the applicable award agreement, these PRSUs became fully vested at the effective time of the merger. Since the date of the reporting person's last Form 4, 140,000 shares held by the Tom W. and Jeanne H. Olofson Foundation, over which the reporting person reported beneficial ownership, were transferred to the Jeanne H. Olofson Foundation pursuant to a domestic relations order. The Tom W. and Jeanne H. Olofson Foundation then changed its name to the Tom W. Olofson Family Foundation. The reporting person does not have beneficial ownership of any securities owned by the Jeanne. H. Olofson Foundation. Pursuant to the Merger Agreement, these shares were canceled and converted into the right to receive $16.50 per share in cash, without interest and less any applicable withholding taxes (the "Merger Consideration"). Of these shares, 140,000 shares were held by the Tom W. Olofson Family Foundation. The reporting person will not receive any proceeds from the disposition of the shares held by the Tom W. Olofson Family Foundation in the merger. Pursuant to the Merger Agreement, these shares of unvested restricted stock became fully vested at the effective time of the merger and were canceled and converted into the right to receive the Merger Consideration. Represents an exercisable option, which was granted and vested immediately on December 8, 2006. The option was cancelled pursuant to the Merger Agreement in exchange for a cash payment of $6.11 per share subject to the option. This per share price represents the difference between the applicable exercise price of the option and the Merger Consideration. Represents an exercisable option, which was granted and vested immediately on December 29, 2009. The option was cancelled pursuant to the Merger Agreement in exchange for a cash payment of $2.25 per share subject to the option. This per share price represents the difference between the applicable exercise price of the option and the Merger Consideration. /s/ Tom W. Olofson 2016-09-30