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*
GIBSON THOMAS R

(Last) (First) (Middle)
C/O ASBURY AUTOMOTIVE GROUP
300 BARR HARBOR DRIVE, SUITE 710

(Street)
CONSHOHOCKEN PA 19428

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
IKON OFFICE SOLUTIONS INC [ IKN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
04/22/2008
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 45,479 D
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
Deferred Stock Units (1) 04/22/2008 A 2,359 (1) (1) Common Stock 2,359 $9.54(1) 48,225 D
Non-Qualified Stock Option (right to buy) $3.225 02/21/2002 02/21/2021 Common Stock 27,907 27,907 D
Non-Qualified Stock Option (right to buy) $4.3 02/21/2001 02/21/2011 Common Stock 7,000 7,000 D
Non-Qualified Stock Option (right to buy) $4.7344 02/23/2001 02/23/2020 Common Stock 19,010 19,010 D
Non-Qualified Stock Option (right to buy) $6.3125 02/23/2000 02/23/2010 Common Stock 7,000 7,000 D
Non-Qualified Stock Option (right to buy) $7.16 02/25/2003 02/25/2013 Common Stock 12,111 12,111 D
Non-Qualified Stock Option (right to buy) $7.97 02/27/2008 02/27/2018 Common Stock 16,806 16,806 D
Non-Qualified Stock Option (right to buy) $9.15 06/03/2002 06/03/2012 Common Stock 5,128 5,128 D
Non-Qualified Stock Option (right to buy) $9.625 10/20/2000 10/20/2009 Common Stock 25,000 25,000 D
Non-Qualified Stock Option (right to buy) $9.765 02/26/2003 02/26/2022 Common Stock 3,072 3,072 D
Non-Qualified Stock Option (right to buy) $10.52 02/24/2005 02/23/2015 Common Stock 7,431 7,431 D
Non-Qualified Stock Option (right to buy) $11.22 02/24/2004 02/24/2014 Common Stock 5,843 5,843 D
Non-Qualified Stock Option (right to buy) $12.86 02/22/2006 02/22/2016 Common Stock 5,759 5,759 D
Non-Qualified Stock Option (right to buy) $13.02 02/26/2002 02/26/2012 Common Stock 2,333 2,333 D
Non-Qualified Stock Option (right to buy) $14.83 02/21/2007 02/21/2017 Common Stock 8,460 8,460 D
Explanation of Responses:
1. The deferred stock units ("DSUs") were acquired pursuant to the issuer's 2006 Omnibus Equity Compensation Plan (the "2006 Plan") and are entitled to dividend equivalents. The DSUs are to be settled (at a rate of one unit for one share) in the issuer's common stock upon the reporting person's termination or retirement or as otherwise described in the 2006 Plan. Exempt transaction pursuant to Rule 16b-3(d).
By: Maryanne Messenger, Power of Attorney For: Thomas R. Gibson 04/23/2008
** 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.
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.