Edgar Filing: Schaefer Bret C

Ownership Submission

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF 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

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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

Â Schaefer Bret C

2. Date of Event Requiring Statement (Month/Day/Year)
08/12/2005

3. Issuer Name and Ticker or Trading Symbol
SUN MICROSYSTEMS, INC. [SUNW]

(Last)

(First)

(Middle)

4150 NETWORK CIRCLE

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

_____ Director	_____ 10% Owner
__X__ Officer (give title below)	_____ Other (specify below)
VP & Corporate Controller

5. If Amendment, Date Original Filed(Month/Day/Year)

(Street)

SANTA CLARA,Â CAÂ 95054

6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

(City)

(State)

(Zip)

Table I - Non-Derivative Securities Beneficially Owned

1.Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	56,423	D	Â

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.			SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security		6. Nature of Indirect Beneficial Ownership (Instr. 5)
Employee Stock Option (Right to Buy) ⁽¹⁾	08/08/1988⁽²⁾	04/15/2006	Common Stock	24,000	$ 5.0235	D	Â
Employee Stock Option (Right to Buy) ⁽¹⁾	08/08/1988⁽³⁾	10/20/2009	Common Stock	16,000	$ 12.5313	D	Â
Employee Stock Option (Right to Buy) ⁽¹⁾	08/08/1988⁽⁴⁾	04/12/2008	Common Stock	6,000	$ 40	D	Â
Employee Stock Option (Right to Buy) ⁽¹⁾	08/08/1988⁽⁵⁾	04/18/2009	Common Stock	8,000	$ 18.58	D	Â
Employee Stock Option (Right to Buy) ⁽¹⁾	08/08/1988⁽⁶⁾	06/13/2009	Common Stock	11,200	$ 16.25	D	Â
Employee Stock Option (Right to Buy) ⁽¹⁾	08/08/1988⁽⁷⁾	09/27/2009	Common Stock	6,000	$ 7.91	D	Â
Employee Stock Option (Right to Buy) ⁽¹⁾	08/08/1988⁽⁸⁾	11/07/2009	Common Stock	15,000	$ 12.59	D	Â
Employee Stock Option (Right to Buy) ⁽¹⁾	08/08/1988⁽⁹⁾	11/07/2009	Common Stock	15,000	$ 12.59	D	Â
Employee Stock Option (Right to Buy) ⁽¹⁾	08/08/1988⁽¹⁰⁾	03/19/2010	Common Stock	200	$ 9.14	D	Â
Employee Stock Option (Right to Buy) ⁽¹⁾	08/08/1988⁽¹¹⁾	03/19/2010	Common Stock	3,700	$ 9.14	D	Â
Employee Stock Option (Right to Buy) ⁽¹⁾	08/08/1988⁽¹²⁾	07/25/2010	Common Stock	30,000	$ 3.7	D	Â
Employee Stock Option (Right to Buy) ⁽¹⁾	08/08/1988⁽¹³⁾	07/25/2010	Common Stock	25,000	$ 3.7	D	Â
Employee Stock Option (Right to Buy) ⁽¹⁾	08/08/1988⁽¹⁴⁾	05/21/2011	Common Stock	20,000	$ 4.2	D	Â
Employee Stock Option (Right to Buy) ⁽¹⁾	08/08/1988⁽¹⁵⁾	05/21/2011	Common Stock	20,000	$ 4.2	D	Â
Employee Stock Option (Right to Buy) ⁽¹⁾	08/08/1988⁽¹⁶⁾	11/13/2011	Common Stock	40,000	$ 4.208	D	Â
Employee Stock Option (Right to Buy) ⁽¹⁾	08/08/1988⁽¹⁷⁾	09/17/2012	Common Stock	44,000	$ 3.94	D	Â
Employee Stock Option (Right to Buy) ⁽¹⁾	08/08/1988⁽¹⁸⁾	01/27/2013	Common Stock	45,000	$ 4.12	D	Â

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Schaefer Bret C 4150 NETWORK CIRCLE SANTA CLARA,Â CAÂ 95054	Â	Â	Â VP & Corporate Controller	Â

Signatures

/s/ Bret C. Schaefer		08/22/2005
^**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 5(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)	Option granted under Sun Microsystems, Inc. 1990 Long-Term Equity Incentive Plan.
(2)	This option, originally in the amount of 40,000 shares, vests and becomes exercisable in five equal annual installments of 8,000 shares beginning on April 15, 1999.
(3)	This option, originally in the amount of 20,000 shares, originally vested and became exercisable in five equal annual installments of 4,000 shares beginning on April 20, 2000. Effective May 30, 2005, Sun accelerated the vesting schedules for all stock options outstanding as of that date with exercise prices of $6.00 or more, including this option.
(4)	This option originally vested and became exercisable in five equal annual installments of 1,200 shares beginning on April 12, 2001. Effective May 30, 2005, Sun accelerated the vesting schedules for all stock options outstanding as of that date with exercise prices of $6.00 or more, including this option.
(5)	This option originally vested and became exercisable in five equal annual installments of 1,600 shares beginning on April 18, 2002. Effective May 30, 2005, Sun accelerated the vesting schedules for all stock options outstanding as of that date with exercise prices of $6.00 or more, including this option.
(6)	This option originally vested and became exercisable in five equal annual installments of 2,240 shares beginning on June 13, 2002. Effective May 30, 2005, Sun accelerated the vesting schedules for all stock options outstanding as of that date with exercise prices of $6.00 or more, including this option.
(7)	This option originally vested and became exercisable in five equal annual installments of 1,200 shares beginning on September 27, 2002. Effective May 30, 2005, Sun accelerated the vesting schedules for all stock options outstanding as of that date with exercise prices of $6.00 or more, including this option.
(8)	This option originally vested and became exercisable in five equal annual installments of 3,000 shares beginning on November 7, 2002. Effective May 30, 2005, Sun accelerated the vesting schedules for all stock options outstanding as of that date with exercise prices of $6.00 or more, including this option.
(9)	This option originally vested and became exercisable in three equal annual installments of 5,000 shares beginning on November 7, 2002. Effective May 30, 2005, Sun accelerated the vesting schedules for all stock options outstanding as of that date with exercise prices of $6.00 or more, including this option.
(10)	This option originally vested and became exercisable in five equal annual installments of 40 shares beginning on March 19, 2003. Effective May 30, 2005, Sun accelerated the vesting schedules for all stock options outstanding as of that date with exercise prices of $6.00 or more, including this option.
(11)	This option originally vested and became exercisable in five equal annual installments of 740 shares beginning on March 19, 2003. Effective May 30, 2005, Sun accelerated the vesting schedules for all stock options outstanding as of that date with exercise prices of $6.00 or more, including this option.
(12)	This option vests and becomes exercisable in five equal annual installments of 6,000 shares beginning on July 25, 2003.
(13)	This option vests and becomes exercisable in five equal annual installments of 5,000 shares beginning on July 25, 2003.
(14)	This option vests and becomes exercisable in five equal annual installments of 4,000 shares beginning on May 21, 2004.
(15)	This option vests and becomes exercisable in five equal annual installments of 4,000 shares beginning on May 21, 2004.
(16)	This option vests and becomes exercisable in five equal annual installments of 8,000 shares beginning on November 13, 2004.
(17)	This option vests and becomes exercisable in five equal annual installments of 8,800 shares beginning on September 17, 2005.
(18)	This option vests and becomes exercisable in five equal annual installments of 9,000 shares beginning on January 27, 2006.

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