|
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
|
| |||||||||||||||||||||||||||||
|
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
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 control number. | SEC 1474 (9-02) |
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 Underlying Securities (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 of Derivative Security: 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) (2) | $ 7.8672 | (3) | 11/11/2006 | Common Stock | 40,000 | 40,000 | D | ||||||||
Employee Stock Option (Right to Buy) (2) | $ 14.6094 | (3) | 06/16/2007 | Common Stock | 80,000 | 80,000 | D | ||||||||
Employee Stock Option (2) | $ 17 | (3) | 08/11/2007 | Common Stock | 140,000 | 140,000 | D | ||||||||
Employee Stock Option (2) | $ 36.7188 | (3) | 12/15/2007 | Common Stock | 120,000 | 120,000 | D | ||||||||
Employee Stock Option (2) | $ 40 | (3) | 04/12/2010 | Common Stock | 70,000 | 70,000 | D | ||||||||
Employee Stock Option (2) | $ 45.0313 | (3) | 06/13/2010 | Common Stock | 30,000 | 30,000 | D | ||||||||
Employee Stock Option (2) | $ 18.58 | (3) | 04/18/2011 | Common Stock | 200,000 | 200,000 | D | ||||||||
Employee Stock Option (2) | $ 12.59 | (3) | 11/07/2011 | Common Stock | 75,000 | 75,000 | D | ||||||||
Employee Stock Option (2) | $ 12.59 | (3) | 11/07/2011 | Common Stock | 75,000 | 75,000 | D | ||||||||
Employee Stock Option (2) | $ 9.14 | (3) | 03/19/2012 | Common Stock | 200 | 200 | D | ||||||||
Employee Stock Option (2) | $ 6.45 | (3) | 05/02/2012 | Common Stock | 200,000 | 200,000 | D | ||||||||
Employee Stock Option (2) | $ 3.7 | (4) | 07/25/2012 | Common Stock | 300,000 | 300,000 | D | ||||||||
Employee Stock Option (2) | $ 3.85 | (5) | 07/23/2013 | Common Stock | 500,000 | 500,000 | D | ||||||||
Employee Stock Option (2) | $ 3.9 | (6) | 04/30/2014 | Common Stock | 1,000,000 | 1,000,000 | D | ||||||||
Employee Stock Option (Right to Buy) (2) | $ 3.79 | (7) | 07/29/2014 | Common Stock | 800,000 | 800,000 | D | ||||||||
Employee Stock Option (Right to Buy) (2) | $ 3.85 | (8) | 07/28/2015 | Common Stock | 900,000 | 900,000 | D | ||||||||
Employee Stock Option (Right to Buy) (2) | $ 4.95 | 04/27/2006 | A | 2,000,000 | (9) | 04/27/2016 | Common Stock | 2,000,000 | $ 0 | 2,000,000 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
SCHWARTZ JONATHAN I 4150 NETWORK CIRCLE SANTA CLARA, CA 95054 |
X | President and CEO |
/s/ Jonathan I. Schwartz | 05/01/2006 | |
**Signature of Reporting Person | Date |
* | 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). |
(1) | Includes: (i) 432,000 shares of restricted stock, which are held in an escrow account with respect to which Mr. Schwartz has no voting power and which provides for the immediate sale of the shares upon vesting, subject to Sun's policies and applicable securities laws; and (ii) 6,493 shares purchased under the Sun Microsystems, Inc. 1990 Employee Stock Purchase Plan on April 28, 2006. The number of shares reported in this column in Mr. Schwartz's last Form 4 filing was incorrectly reported due to a typographical error as 1,207,422 shares. The number that should have been reported in this column in that report was 1,207,472 shares. |
(2) | This option was granted under the Sun Microsystems, Inc. 1990 Long-Term Equity Incentive Plan. |
(3) | Immediately. |
(4) | A total of 180,000 shares are fully vested and exercisable with the remaining 120,000 shares becoming exercisable as follows: (i) 60,000 shares on July 25, 2006; and (ii) 60,000 shares on July 25, 2007. |
(5) | A total of 200,000 shares are fully vested and exercisable with the remaining 300,000 shares becoming exercisable as follows: (i) 100,000 shares on July 23, 2006; (ii) 100,000 shares on July 23, 2007; and (iii) 100,000 shares on July 23, 2008. |
(6) | A total of 200,000 shares are fully vested and exercisable with the remaining 800,000 shares becoming exercisable as follows: (i) 200,000 shares on April 30, 2006; (ii) 200,000 shares on April 30, 2007; (iii) 200,000 shares on April 30, 2008; and (iv) 200,000 shares on April 30, 2009. |
(7) | A total of 160,000 shares are fully vested and exercisable with the remaining 640,000 shares becoming exercisable as follows: (i) 160,000 shares on July 29, 2006; (ii) 160,000 shares on July 29, 2007; (iii) 160,000 shares on July 29, 2008; and (iv) 160,000 shares on July 29, 2009. |
(8) | This option vests and becomes exercisable in five equal annual installments of 180,000 shares beginning on July 28, 2006. |
(9) | This option vests and becomes exercisable in five equal annual installments of 400,000 shares beginning on April 27, 2007. |