4 2003-05-14 0 0000878556 PER SE TECHNOLOGIES INC PSTI 0001159187 UBBEN JEFFREY W 1 0 1 0 Non-Employee Director Stock Option (right to buy) 9.2642 2003-05-14 4 A 0 10000 0 A 2004-05-14 2013-05-14 Common Stock 10000 10000 D Non-Employee Director Stock Option (right to buy) 9.2642 2003-05-14 4 J 0 10000 0 D 2004-05-14 2013-05-14 Common Stock 10000 10000 I See footnote 3 Non-qualified (nonstatutory) stock option granted under the Amended and Restated Per-Se Technologies, Inc. Non-Employee Director Stock Option Plan (the "Plan"). Initial grant made immediately following first appointment by the Board of Jeffrey W. Ubben to be a Director, in accordance with Section 5(b)(1) of the Plan. Jeffrey W. Ubben transferred the reported option to ValueAct Capital Partners, L.P., ValueAct Capital Partners II, L.P. and ValueAct Capital International, Ltd. The reported option is owned directly by ValueAct Capital Partners, L.P., ValueAct Capital Partners II, L.P. and ValueAct Capital International, Ltd. and indirectly by VA Partners, L.L.C. as general partner of ValueAct Capital Partners, L.P. and ValueAct Capital Partners II, L.P. and as the investment adviser of ValueAct Capital International, Ltd. Jeffrey W. Ubben is a director of Per-Se Technologies, Inc. and Managing Member of VA Partners, L.L.C., the General Partner of ValueAct Capital Partners, L.P. and ValueAct Capital Partners II, L.P. and the investment adviser of ValueAct Capital International, Ltd. Peter H. Kamin and George F. Hamel are Managing Members of VA Partners, L.L.C., the General Partner of ValueAct Capital Partners, L.P. and ValueAct Capital Partners II, L.P. and investment adviser of ValueAct Capital International, Ltd. Jeffrey W. Ubben 2003-05-16 Peter H. Kamin 2003-05-16 George F. Hamel, Jr. 2003-05-16 ValueAct Capital Partners, L.P., by VA Partners, L.L.C., Its General Partner by George F. Hamel, Jr., Managing Member 2003-05-16 ValueAct Capital Partners II, L.P. by VA Partners, L.L.C, Its General Partner by George F. Hamel,Jr. Managing Member 2003-05-16 ValueAct Capital International, Ltd., by VA Partners, L.L.C., Its Investment Manager by George F. Hamel, Jr. Managing Member 2003-05-16 VA Partners, L.L.C.by George F. Hamel, Jr. 2003-05-16