SCIENCE APPLICATIONS INTERNATIONAL CORP
4, 2000-04-07
ENGINEERING, ACCOUNTING, RESEARCH, MANAGEMENT
Previous: SCIENCE APPLICATIONS INTERNATIONAL CORP, 4, 2000-04-07
Next: SCIENCE APPLICATIONS INTERNATIONAL CORP, 4, 2000-04-07



UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
( ) Check this box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue. See Instructions 1(b).
1. Name and Address of Reporting Person
   WELCH, JR., JASPER A.
   1401 NORTH OAK STREET, #307
   ARLINGTON, VA  22209
2. Issuer Name and Ticker or Trading Symbol
   SCIENCE APPLICATIONS INTERNATIONAL CORPORATION

3. IRS or Social Security Number of Reporting Person (Voluntary)
   ###-##-####
4. Statement for Month/Year
   MARCH 2000
5. If Amendment, Date of Original (Month/Year)

6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
   (X) Director ( ) 10% Owner ( ) Officer (give title below) ( ) Other
   (specify below)

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>
<CAPTION>
___________________________________________________________________________________________________________________________________
 Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned                                                 |
___________________________________________________________________________________________________________________________________|
1. Title of Security       |2.    |3.    |4.Securities Acquired (A)         |5.Amount of        |6.Dir |7.Nature of Indirect       |
                           | Transaction |  or Disposed of (D)              |  Securities       |ect   |  Beneficial Ownership     |
                           |      |      |                                  |  Beneficially     |(D)or |                           |
                           |      |    | |                  | A/|           |  Owned at         |Indir |                           |
                           | Date |Code|V|    Amount        | D |    Price  |  End of Month     |ect(I)|                           |
___________________________________________________________________________________________________________________________________|
<S>                        <C>    <C>  <C><C>               <C> <C>         <C>                 <C>    <C>
Class A Common Stock       |3/14/2|M   | |20,000            |A  |$3.93      |                   |      |                           |
                           |000   |    | |                  |   |           |                   |      |                           |
- -----------------------------------------------------------------------------------------------------------------------------------|
Class A Common Stock       |3/14/2|F   | |9,178             |D  |$25.92     |94,454 (1)         |D     |                           |
                           |000   |    | |                  |   |           |                   |      |                           |
- -----------------------------------------------------------------------------------------------------------------------------------|
Class A Common Stock       |      |    | |                  |   |           |20,000 (1)         |I     |By Wife                    |
- -----------------------------------------------------------------------------------------------------------------------------------|
Class A Common Stock       |      |    | |                  |   |           |7,712 (1) (2)      |I     |By 401(k) Plan             |
- -----------------------------------------------------------------------------------------------------------------------------------|
Class A Common Stock       |      |    | |                  |   |           |11,709 (1)         |I     |(2)                        |
- -----------------------------------------------------------------------------------------------------------------------------------|
___________________________________________________________________________________________________________________________________|
<CAPTION>
___________________________________________________________________________________________________________________________________
 Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned                                                   |
___________________________________________________________________________________________________________________________________|
1.Title of Derivative |2.Con-  |3.   |4.    |5.Number of De |6.Date Exer|7.Title and Amount  |8.Price|9.Number    |10.|11.Nature of|
  Security            |version |Transaction | rivative Secu |cisable and|  of Underlying     |of Deri|of Deriva   |Dir|Indirect    |
                      |or Exer |     |      | rities Acqui  |Expiration |  Securities        |vative |tive        |ect|Beneficial  |
                      |cise    |     |      | red(A) or Dis |Date(Month/|                    |Secu   |Securities  |(D)|Ownership   |
                      |Price of|     |      | posed of(D)   |Day/Year)  |                    |rity   |Benefi      |or |            |
                      |Deriva- |     |      |               |Date |Expir|                    |       |ficially    |Ind|            |
                      |tive    |     |      |           | A/|Exer-|ation|   Title and Number |       |Owned at    |ire|            |
                      |Secu-   |     |    | |           | D |cisa-|Date |   of Shares        |       |End of      |ct |            |
                      |rity    |Date |Code|V|  Amount   |   |ble  |     |                    |       |Month       |(I)|            |
___________________________________________________________________________________________________________________________________|
<S>                   <C>      <C>   <C>  <C><C>        <C> <C>   <C>   <C>          <C>     <C>     <C>          <C> <C>
Stock Option (Class A)|$3.93 (1|3/14/|M   | |20,000 (1) |D  |3/27/|3/26/|Class A Comm|20,000 |N/A    |-0-         |D  |            |
 (right to buy)       |)       |2000 |    | |           |   |96 (3|00   |on Stock    |(1)    |       |            |   |            |
                      |        |     |    | |           |   |)    |     |            |       |       |            |   |            |
- -----------------------------------------------------------------------------------------------------------------------------------|
Stock Option (Class A)|$25.92  |3/21/|A   |V|14,000     |A  |3/21/|3/20/|Class A Comm|14,000 |N/A    |14,000      |D  |            |
 (right to buy)       |        |2000 |    | |           |   |01 (3|05   |on Stock    |       |       |            |   |            |
                      |        |     |    | |           |   |)    |     |            |       |       |            |   |            |
- -----------------------------------------------------------------------------------------------------------------------------------|
Stock Option (Class A)|$4.8325 |     |    | |           |   |3/29/|3/28/|Class A Comm|20,000 |N/A    |20,000 (1)  |D  |            |
 (right to buy)       |(1)     |     |    | |           |   |97 (3|01   |on Stock    |(1)    |       |            |   |            |
                      |        |     |    | |           |   |)    |     |            |       |       |            |   |            |
- -----------------------------------------------------------------------------------------------------------------------------------|
Stock Option (Class A)|$6.49 (1|     |    | |           |   |3/28/|3/27/|Class A Comm|20,000 |N/A    |20,000 (1)  |D  |            |
 (right to buy)       |)       |     |    | |           |   |98 (3|02   |on Stock    |(1)    |       |            |   |            |
                      |        |     |    | |           |   |)    |     |            |       |       |            |   |            |
- -----------------------------------------------------------------------------------------------------------------------------------|
Stock Option (Class A)|$9.7825 |     |    | |           |   |3/20/|3/19/|Class A Comm|14,000 |N/A    |14,000 (1)  |D  |            |
 (right to buy)       |(1)     |     |    | |           |   |99 (3|03   |on Stock    |(1)    |       |            |   |            |
                      |        |     |    | |           |   |)    |     |            |       |       |            |   |            |
- -----------------------------------------------------------------------------------------------------------------------------------|
Stock Option (Class A)|$17.455 |     |    | |           |   |3/22/|3/21/|Class A Comm|14,000 |N/A    |14,000 (1)  |D  |            |
 (right to buy)       |(1)     |     |    | |           |   |00 (3|04   |on Stock    |(1)    |       |            |   |            |
                      |        |     |    | |           |   |)    |     |            |       |       |            |   |            |
- -----------------------------------------------------------------------------------------------------------------------------------|
                      |        |     |    | |           |   |     |     |            |       |       |            |   |            |
___________________________________________________________________________________________________________________________________|
</TABLE>
Explanation of Responses:
(1) Effective August 31, 1999, the Class A Common Stock of SAIC split 4-for-1.
The end-of-period holdings and all stock options have been adjusted
to reflect the stock
split.
(2) During the period of April 1, 1999 through December 31, 1999, the reporting
person acquired 97 shares of SAIC Class A Common Stock under the
SAIC 401(k) Plan, as adjusted for the stock split.  The balance is pursuant to
the reporting person's most recent account statement available.

(3) The option is exercisable according to the following annual vesting
schedule:  20% in years 1, 2 and 3 and 40% in year 4.
SIGNATURE OF REPORTING PERSON
By: D. Garrett, Attorney-in-fact, for J.A. Welch, Jr.
DATE
April 7, 2000



© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission