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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 |
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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) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Employee Stock Option (Right to Buy) (1) | $ 4.2 | (2) | 05/21/2011 | Common Stock | 3,000 | 3,000 | I | Options held by wife. | |||||||
Employee Stock Option (Right to Buy) (1) | $ 4.208 | (3) | 11/13/2011 | Common Stock | 5,000 | 5,000 | I | Options held by wife. | |||||||
Employee Stock Option (Right to Buy) (1) | $ 3.94 | (4) | 09/17/2012 | Common Stock | 5,000 | 5,000 | I | Options held by wife. | |||||||
Employee Stock Option (Right to Buy) (1) | $ 4.12 | (5) | 01/27/2013 | Common Stock | 12,000 | 12,000 | I | Options held by wife. | |||||||
Employee Stock Option (Right to Buy) (1) | $ 5.33 | (6) | 11/02/2014 | Common Stock | 8,050 | 8,050 | I | Options held by wife. | |||||||
Employee Stock Option (Right to Buy) | $ 4.26 | (7) | 07/27/2014 | Common Stock | 250,000 | 250,000 | D | ||||||||
Employee Stock Option (Right to Buy) | $ 5.1 | 07/31/2007 | A | 425,000 | (8) | 07/31/2017 | Common Stock | 425,000 | $ 0 | 425,000 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Green Richard L 4150 NETWORK CIRCLE SANTA CLARA, CA 95054 |
EVP, Software Group |
/s/ Richard L. Green | 08/01/2007 | |
**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) | This option was granted under the Sun Microsystems, Inc. 1990 Long-Term Equity Incentive Plan. |
(2) | This option vests and becomes exercisable in five equal annual installments of 600 shares beginning on May 21, 2004. |
(3) | This option vests and becomes exercisable in five equal annual installments of 1,000 shares beginning on November 13, 2004. |
(4) | This option vests and becomes exercisable in five equal annual installments of 1,000 shares beginning on September 17, 2005. |
(5) | This option vests and becomes exercisable in five equal annual installments of 2,400 shares beginning on January 27, 2006. |
(6) | This option vests and becomes exercisable in five equal annual installments of 1,610 shares beginning on November 2, 2007. |
(7) | This option vests and becomes exercisable in five equal annual installments of 50,000 shares beginning on July 27, 2007. |
(8) | This option vests and becomes exercisable in five equal annual installments of 85,000 shares beginning on July 31, 2008. |
(9) | Represents performance-based restricted stock units that have vested and are paid out in shares of common stock. |
(10) | Represents the surrender of shares to the issuer upon vesting of performance-based restricted stock units to satisfy tax withholding obligations. |