SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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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1. Name and Address of Reporting Person*
Romza John

(Last) (First) (Middle)
2441 WARRENVILLE ROAD
SUITE 610

(Street)
LISLE IL 60532

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
03/31/2008
3. Issuer Name and Ticker or Trading Symbol
SXC Health Solutions Corp. [ SXCI ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Tech Officer & EVP
5. 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 Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common share 37,893 D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Stock option (nonqualified) (1) 12/31/2008 Common share 6,250 3.2(2) D
Stock option (nonqualified) (3) 12/31/2008 Common share 6,250 1.4(2) D
Stock option (nonqualified) (4) (4) Common share 25,000 7.32(2) D
Stock option (nonqualified) (5) (5) Common share 20,000 1.56(2) D
Stock option (nonqualified) (6) (6) Common share 33,750 3.08(2) D
Stock option (nonqualified) (7) (7) Common share 33,750 6.6(2) D
Stock option (nonqualified) (8) (8) Common share 25,000 14.36(2) D
Stock option (nonqualified) (9) 05/16/2012 Common share 20,000 23.58 D
Stock option (nonqualified) (10) 09/05/2012 Common share 10,000 18.11 D
Stock option (nonqualified) (11) 03/10/2013 Common share 18,000 11.35 D
Explanation of Responses:
1. This option was granted 3/9/01 and vested in one-third increments on each of 12/31/01, 12/31/02 and 12/31/03. Each vested increment expires five years from the respecitve vest date.
2. Denominated in Canadian dollars.
3. This option was granted 9/27/01 and vested in one-third increments on each of 12/31/01, 12/31/02 and 12/31/03. Each vested increment expires five years from the respective vest date.
4. This option was granted 3/19/04 and vested in one-third increments on each of 12/31/04, 12/31/05 and 12/31/06. Each vested increment expires five years from the respective vest date.
5. This option was granted 3/8/02 and vested in one-third increments on 12/31/02, 12/31/03 and 12/31/04. Each vested increment expires five years from the respective vest date.
6. This option was granted 3/11/03 and vested in one-third increments on each of 12/31/03, 12/31/04 and 12/31/05. Each vested increment expires five years from the respective vest date.
7. This option was granted 3/4/05 and vested in one-third increments on each of 12/31/05, 12/31/06 and 12/31/07. Each vested increment expires five years from the respective vest date.
8. This option was granted 3/8/06 and vested or will vest, as the case may be, in one-third increments on each of 12/31/06, 12/31/07 and 12/31/08. Each vested increment expires five years from the respective vest date.
9. This option was granted 5/16/07 and vests in one-fourth increments on each grant date anniversary.
10. This option was granted 9/5/07 and vests in one-fourth increments on each grant date anniversary.
11. This option was granted 3/10/08 and vests in one-fourth increments on each grant date anniversay.
Remarks:
John Romza, BY: Stacey Martinez, his attorney-in-fact 04/10/2008
** 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 5 (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.