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| FORM 4 | U.S. SECURITIES AND EXCHANGE COMMISSION
+--------+ WASHINGTON, D.C. 20549
[_] Check this box if
no longer subject STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
to Section 16.
Form 4 or Form 5 Filed pursuant to Section 16(a) of the Securities
obligations may Exchange Act of 1934, Section 17(a) of the
continue. See Public Utility Holding Company Act of 1935 or
Instruction 1(b). Section 30(f) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
HELLER JEFFREY M.
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(Last) (First) (Middle)
5400 LEGACY DRIVE
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(Street)
PLANO TEXAS 75024
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(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
ELECTRONIC DATA SYSTEMS CORPORATION (EDS)
3. I.R.S. Identification Number of Reporting Person, if an entity
(voluntary)
4. Statement for Month/Year
JULY 2000
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
X Director X Officer 10% Owner Other
--- --- (give title below) --- --- (specify below)
PRESIDENT, COO
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7. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
---
Form filed by More than One Reporting Person
---
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Table I--Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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<TABLE>
<CAPTION>
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1. Title 2. Trans- 3. Trans- 4. Securities Acquired (A) 5. Amount of 6. Owner- 7. Nature
of action action or Disposed of (D) Securities ship of In-
Security Date Code (Instr. 3, 4 and 5) Beneficially Form: direct
(Instr. 3) (Month/ (Instr. 8) Owned at Direct Bene-
Day/ ----------------------------------------------- End of (D) or ficial
Year) Month Indirect Owner-
Code V Amount (A) or Price (Instr. 3 and 4) (I) ship
(D) (Instr. 4) (Instr. 4)
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<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
COMMON STOCK 774,355 (1) D
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COMMON STOCK 7/31/2000 I V 27,610 A $43 28,311 (2) I By Vanguard
Fiduciary
Trust
Company
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COMMON STOCK 920 (3) I By Spouse
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920 (3) I By Spouse
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</TABLE>
(1) This amount includes unvested restricted stock units granted pursuant to
Rule 16b-3 qualified incentive plan. All such units are scheduled to vest
(subject to earlier vesting based on the achievement of performance goals by
EDS) during the period of 1999 through the earlier of normal retirement age
or 2007.
(2) These shares were held in trust under EDS' Deferred Compensation Plan (a
401(k) savings plan) as of July 31, 2000. Vanguard accounts for holdings in
the stock fund in units, comprised of stock and cash reserves. The number of
shares reported above represents an approximate value based upon the fund
balance and market value of EDS Common Stock on July 31, 2000.
(3) Shares held by spouse as custodian for minor children not residing in
reporting person's household.
(Over)
<PAGE>
FORM 4 (continued)
Table II--Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
<TABLE>
<CAPTION>
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1. Title of Derivative 2. Conver- 3. Trans- 4. Transac- 5. Number of Deriv-
Security (Instr. 3) sion or action tion Code ative Securities
Exercise Date (Instr. 8) Acquired (A) or
Price of (Month/ Disposed of (D)
Deriv- Day/ (Instr. 3, 4, and 5)
ative Year)
Security
---------------------------------------------------
Code V (A) (D)
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<S> <C> <C> <C> <C> <C> <C>
Employee Stock Option
(right to buy) $45.06
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Employee Stock Option
(right to buy) $40.59375
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</TABLE>
Table II--Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
<TABLE>
<CAPTION>
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6. Date Exer- 7. Title and Amount of 8. Price 9. Number 10. Owner- 11. Na-
cisable and Underlying Securities of of Deriv- ship ture
Expiration (Instr. 3 and 4) Deriv- ative Form of In-
Date ative Secur- of De- direct
(Month/Day/ Secur- ities rivative Bene-
Year) ity Bene- Securities ficial
(Instr. ficially Bene- Owner-
-------------------------------------------- 5) Owned ficially ship
Date Expira- Amount or at End Owned at (Instr.
Exer- tion Title Number of of End of 4)
cisable Date Shares Month Month(1)
(Instr. 4) (Instr. 4)
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<S> <C> <C> <C> <C> <C> <C> <C> <C>
Employee Stock Option Common
(right to buy) (1) (1) Stock 500,000 500,000 D
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Employee Stock Option Common
(right to buy) (2) (2) Stock 300,000 300,000 D
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</TABLE>
Explanation of Responses:
(1) The option becomes 100% exercisable at the earliest of (i) 100% appreciation
of exercise price, (ii) 12/17/2006, or (iii) the Normal Retirement, Death or
Disability of Grantee. The option is exercisable for five-years from the
date of exercise eligibility.
(2) The options become exercisable in five equal annual installments beginning
March 1, 1999 and remain exercisable for five-years from the date of
exercise eligibility.
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
* If this 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 provided is insufficient, see Instruction 6 for procedure.
Potential persons who are to respond to the collection of information contained
in this form are not required to respond unless the form displays a currently
valid OMB Number.
/s/ D. GILBERT FRIEDLANDER August 3, 2000
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D. GILBERT FRIEDLANDER, ATTORNEY-IN-FACT Date
FOR JEFFREY M. HELLER
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