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*
CONDE CRISTOBAL
(Last) (First) (Middle)
SUNGARD DATA SYSTEMS INC.
680 EAST SWEDESFORD ROAD
(Street)
WAYNE PA 19087
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
SUNGARD DATA SYSTEMS INC [ SDS ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
Officer (give title below) X Other (specify below)
Director, President & CEO
3. Date of Earliest Transaction (Month/Day/Year)
08/11/2005
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 08/11/2005 M 25,684 A $9.9375 2,390,422.615 D
Common Stock 08/11/2005 M 56,800 A $3.0225 2,447,222.615 D
Common Stock 08/11/2005 M 283,500 A $28.5 2,730,722.615 D
Common Stock 08/11/2005 M 59,700 A $17.2188 2,790,422.615 D
Common Stock 08/11/2005 M 84,000 A $19.8125 2,874,422.615 D
Common Stock 08/11/2005 M 209,100 A $15.7188 3,083,522.615 D
Common Stock 08/11/2005 M 300,000 A $28.03 3,383,522.615 D
Common Stock 08/11/2005 M 100,000 A $22.54 3,483,522.615 D
Common Stock 08/11/2005 M 324,875 A $26.08 3,808,397.615 D
Common Stock 08/11/2005 S 3,682,359 D $36 126,038.615 D
Common Stock 08/11/2005 D 126,038.615(3) D $36 0 D
Common Stock 08/11/2005 D 196,513(2)(3) D $36 0 I By Wife
Common Stock 08/11/2005 D 141,678(2)(3) D $36 0 I By Trust
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
Option to Buy $9.9375 08/11/2005 M 25,684 07/03/2000 01/08/2010 Common Stock 25,684 $0 0 D
Option to Buy $3.0225 08/11/2005 M 56,800 07/02/1998 01/01/2008 Common Stock 56,800 $0 0 D
Option to Buy $28.5 08/11/2005 M 283,500 08/11/2005(1) 03/07/2011 Common Stock 283,500 $0 0 D
Option to Buy $17.2188 08/11/2005 M 59,700 08/11/2005(1) 05/16/2008 Common Stock 59,700 $0 0 D
Option to Buy $19.8125 08/11/2005 M 84,000 08/11/2005(1) 03/03/2009 Common Stock 84,000 $0 0 D
Option to Buy $15.7188 08/11/2005 M 209,100 08/11/2005(1) 02/27/2010 Common Stock 209,100 $0 0 D
Option to Buy $28.03 08/11/2005 M 300,000 08/11/2005(1) 02/25/2014 Common Stock 300,000 $0 0 D
Option to Buy $22.54 08/11/2005 M 100,000 08/11/2005(1) 08/09/2014 Common Stock 100,000 $0 0 D
Option to Buy $26.08 08/11/2005 M 324,875 08/11/2005(1) 03/03/2015 Common Stock 324,875 $0 0 D
Explanation of Responses:
1. Immediately before the effective time of the merger of Solar Capital Corp. with and into the Issuer, all unvested options became fully vested and immediately exercisable.
2. 196,513 shares are owned by the reporting person's wife and 141,678 shares are owned by an irrevocable trust for the benefit of the reporting person's children of which neither the reporting person nor his wife are trustee. The reporting person has neither voting nor investment power with respect to these shares, and he disclaims beneficial ownership of these shares. The filing of this report is not an admission that the reporting person is the beneficial owner of these shares for purposes of Section 16 or for any other purposes.
3. In connection with the merger of Solar Capital Corp. with and into the Issuer, shares of the Issuer's common stock were cancelled in the merger for $36 per share.
Remarks:
This Form 4 is the second of two filed to report the reporting person's transactions on August 11, 2005.
Leslie S. Brush, Attorney in-fact for Cristobal Conde 08/12/2005
** 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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