X0202 4 2006-11-24 0 0000003370 IKON OFFICE SOLUTIONS INC IKN 0001300315 Edwards Brian D C/O IKON OFFICE SOLUTIONS, INC. 70 VALLEY STREAM PARKWAY MALVERN PA 19355 0 1 0 0 Sr. VP, N. A. Sales & Service Common Stock 79513 D Deferred Stock Units 2006-11-24 4 A 0 5345 16.02 A Common Stock 5345 11242 D Deferred Stock Units 2006-11-24 4 A 0 5345 16.02 A Common Stock 5345 16587 D Incentive Stock Option (right to buy) 29.125 1998-11-06 2007-11-06 Common Stock 1400 1400 D Non-Qualified Stock Option (right to buy) 10.79 2004-12-12 2013-12-12 Common Stock 9666 9666 D Non-Qualified Stock Option (right to buy) 10.83 2006-12-07 2015-12-07 Common Stock 65000 65000 D Non-Qualified Stock Option (right to buy) 10.99 2005-12-08 2014-12-08 Common Stock 33866 33866 D Non-Qualified Stock Option (right to buy) 11.83 2005-09-07 2014-09-07 Common Stock 23333 23333 D Non-Qualified Stock Option (right to buy) 16 2000-01-22 2009-01-22 Common Stock 15000 15000 D A total of 79,410 of the shares directly held are subject to vesting requirements. Full beneficial ownership of some or all of these shares may not fully vest in reporting person. A total of 5,897 of these stock units ("units") were acquired pursuant to the terms of the issuer's Executive Deferred Compensation Plan ("the Plan") and previously reported as indirectly held by a Rabbi Trust. The shares subject to the units will be issued to the reporting person at a future date in accordance with the terms of the Plan and the reporting person's Plan election. Each deferred stock unit represents the right to receive one share of IKON common stock. The deferred stock units are acquired in connection with a matching contribution pursuant to the terms of the issuer's Management Stock Purchase Program ("MSPP") and the Executive Deferred Compensation Plan ("the Plan"). These deferred stock units include dividend equivalent rights and are subject to vesting requirements; 1/3 vest on 11/24/2009, 1/3 vest on 11/24/2010 and 1/3 vest on 11/24/2011, provided the reporting person continues in service with the issuer through each such date. The shares subject to vested units will be issued to the reporting person at a future date in accordance with the terms of the MSPP and the Plan and the reporting person's Plan election. Each deferred stock unit represents the right to receive one share of IKON common stock. The deferred stock units are acquired pursuant to the terms of the MSPP and the Plan. The deferred stock units are fully vested and include dividend equivalent rights. The shares subject to the units will be issued to the reporting person at a future date in accordance with the terms of the MSPP and the Plan and the reporting person's Plan election. Stock Option vests 20% per year beginning one year from the date of grant. Stock option vests 1/3 per year beginning one year from the date of grant. By: Maryanne Messenger, Power of Attorney For: Brian D. Edwards 2006-11-28