ELECTRONIC DATA SYSTEMS CORP /DE/
4, 2000-08-08
COMPUTER PROGRAMMING, DATA PROCESSING, ETC.
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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

(Print or Type Responses)

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1.  Name and Address of Reporting Person*

        DALEY                        JAMES                            E.
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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)
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3.  I.R.S. Identification Number of Reporting Person, if an entity (voluntary)

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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)

        Director     X  Officer                 10% Owner        Other
    ---             --- (give title below)  ---              --- (specify below)

                         EXECUTIVE VICE PRESIDENT, CFO
    ----------------------------------------------------------------

7.  Individual or Joint/Group Filing (Check Applicable Line)

      X   Form filed by One Reporting Person
    -----
          Form filed by More than One Reporting Person
    -----

Table I--Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

<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                                                                          25,870 (1)             D
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COMMON STOCK          7/31/2000      I        V   663           A         $43           732 (2)              I       By Vanguard
                                                                                                                     Fiduciary Trust
                                                                                                                     Company
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</TABLE>

(1)  This amount includes (i) unvested restricted stock units granted pursuant
     to a Rule 16b-3 qualified incentive plan (all such units are scheduled to
     vest during the period of 2000 - 2002); and (ii) shares acquired pursuant
     to EDS' Stock Purchase Plan. The 25,000 share grant previously reported on
     the 1999 Form 5 was incorrectly coded as a Disposition (D). The correct
     code should have been Acquisition (A).
(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.

<PAGE>

Form 4 (continued)

  Table II--Derivative Securities Acquired, Disposed of, or Beneficially Owned
        (e.g., puts, calls, warrants, options, convertible securities)

<TABLE>
<CAPTION>
-----------------------------------------------------------------------------------------------------------------------------
 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              $48.40625
(right to buy)
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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>
------------------------------------------------------------------------------------------------------------------------------------
                              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)
------------------------------------------------------------------------------------------------------------------------------------
<S>                           <C>       <C>     <C>          <C>             <C>         <C>             <C>           <C>
                                (1)       (1)   Common Stock  250,000                     250,000              D
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</TABLE>

Explanation of Responses:

(1)  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
                              -------------------------------  -----------------
                                  D. Gilbert Friedlander,            Date
                                     Attorney-In-Fact
                                    For James E. Daley

                                                                          Page 2


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