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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
X
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*
SEPUCHA ROBERT C

(Last) (First) (Middle)
25531 COMMERCENTRE DR. #120

(Street)
LAKE FOREST CA 92630-8873

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
SPARTA INC /DE [ NONE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Executive Ofcr
3. Date of Earliest Transaction (Month/Day/Year)
06/03/2008
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 06/03/2008 06/03/2008 J(1) 60,701 D $77.6 0 D
Common Stock 06/03/2008 06/03/2008 J(1) 40,791 D $77.6 0 I By Profit Sharing Plan
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
Employee Stock Option (Right to Buy) $30.32 06/03/2008 06/03/2008 J(2) 283 06/25/2005 06/25/2008 Common Stock 283 $0.00 0 D
Employee Stock Option (Right to Buy) $34.58 06/03/2008 06/03/2008 J(2) 10,872 12/21/2005 12/21/2008 Common Stock 10,872 $0.00 0 D
Employee Stock Option (Right to Buy) $40.87 06/03/2008 06/03/2008 J(2) 164 06/21/2006 06/21/2009 Common Stock 164 $0.00 0 D
Employee Stock Option (Right to Buy) $42.12 06/03/2008 06/03/2008 J(2) 4,156 12/21/2006 12/21/2009 Common Stock 4,156 $0.00 0 D
Employee Stock Option (Right to Buy) $42.49 06/03/2008 06/03/2008 J(2) 110 09/01/2007 06/02/2010 Common Stock 110 $0.00 0 D
Employee Stock Option (Right to Buy) $42.78 06/03/2008 06/03/2008 J(2) 433 03/01/2008 03/01/2011 Common Stock 433 $0.00 0 D
Employee Stock Option (Right to Buy) $44.93 06/03/2008 06/03/2008 J(2) 185 09/01/2008 09/01/2011 Common Stock 185 $0.00 0 D
Explanation of Responses:
1. Pursuant to the terms of the Agreement and Plan of Merger dated as of January 15, 2008 among SPARTA, Inc. (the "Company"), Cobham Holdings, Inc and Rocob Acquisition, Inc. (the "Merger Agreement"), upon consummation of the merger on June 3, 2008, each share of the Company's common stock was cancelled and converted into the right to receive $77.60 in cash, without interest.
2. Pursuant to the terms of the Merger Agreement, upon consummation of the merger on June 3, 2008, these stock options were cancelled and, subject to the existing vesting schedule of each underlying option, converted into the right to receive cash in the amount of the minimum of $77.60 per option, less any applicable exercise price per option and any applicable withholding.
Remarks:
/s/ Jerry R. Fabian as attorney in fact for Robert Sepucha 06/05/2008
** 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.