X0202 4 2007-01-23 1 0000873538 OPEN SOLUTIONS INC OPEN 0001270266 HERNANDEZ LOUIS JR C/O OPEN SOLUTIONS INC. 455 WINDING BROOK DRIVE GLASTONBURY CT 06033 1 1 0 0 Chairman and CEO Common Stock 2007-01-23 5 G 0 E 5883 0.00 D 45848 I See footnote Common Stock 2007-01-23 4 D 0 45848 38.00 D 0 D Stock Option (Right to Buy) 5.80 2007-01-23 4 D 0 161265 32.20 D 2009-11-15 Common Stock 161265 0 D Stock Option (Right to Buy) 7.25 2007-01-23 4 D 0 30727 D 2011-01-25 Common Stock 30727 147311 D Stock Option (Right to Buy) 7.25 2007-01-23 4 D 0 147311 30.75 D 2011-01-25 Common Stock 147311 0 D Stock Option (Right to Buy) 7.25 2007-01-23 4 D 0 17241 D 2012-01-16 Common Stock 17241 0 D Stock Option (Right to Buy) 7.25 2007-01-23 4 D 0 103448 D 2012-04-29 Common Stock 103448 0 D Stock Option (Right to Buy) 2.89 2007-01-23 4 D 0 47010 D 2013-05-06 Common Stock 47010 0 D Stock Option (Right to Buy) 21.45 2007-01-23 4 D 0 100000 D 2014-01-31 Common Stock 100000 0 D Stock Option (Right to Buy) 23.30 2007-01-23 4 D 0 130000 D 2015-02-14 Common Stock 130000 0 D Stock Option (Right to Buy) 26.00 2007-01-23 4 D 0 130000 D 2016-01-25 Common Stock 130000 0 D Donation of stock to charity. The donated shares were held by the reporting person's wife. Disposed of pursuant to an Agreement and Plan of Merger among the issuer, Harpoon Acquisition Corporation, and Harpoon Merger Corporation in exchange for the right to receive $38.00 per share. This option, which was granted on November 15, 1999, was cancelled in the merger in exchange for a $5,192,733.00 cash payment, representing the excess of $38.00 over the per share exercise price of the option multiplied by the number of shares subject to the option, whether vested or unvested. In connection with the merger, this option was converted into an option to purchase equity in Harpoon Acquisition Corporation based on a formula designed to have the new option equal the intrinsic value of the converted option at the time of conversion. This option, which was granted on January 25, 2001, was cancelled in the merger in exchange for a $4,529,813.25 cash payment, representing the excess of $38.00 over the per share exercise price of the option multiplied by the number of shares subject to the option, whether vested or unvested. /s/ Kenneth J. Saunders as attorney-in-fact 2007-01-24