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.
1. Name and Address of Reporting Person(s)
Gleser, Malcolm A.
P.O. Box 1070
1400 Shelburne Road
Burlington, VT 05402-1070
2. Issuer Name and Ticker or Trading Symbol
IDX Systems Corporation (IDXC)
3. I.R.S. Identification Number of Reporting Person, if an entity (Voluntary)
4. Statement for Month/Year
04/98
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)
Director
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
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1)Title of Security 2)Trans- 3.Trans- 4.Securities Acquired(A) 5)Amount of 6) 7)Nature of
action action or Disposed of (D) Securities Indirect
Date Code A Beneficially D Beneficial
(Month/ or Owned at or Ownership
Day/Year) Code V Amount D Price End of Month I
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C><C> <C> <C><C>
Common Stock 04/20/98 J (1) 35,000.00 D 164,655.00 D Direct
Common Stock 3,372.00 I By 401(k) Plan
<CAPTION>
Table II (PART 1) Derivative Securities Acquired, Disposed of, or Beneficially Owned (Columns 1 through 6)
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1)Title of Derivative 2)Conversion 3)Trans- 4)Trans- 5)Number of Derivative 6)Date Exercisable and
Security or Exercise action action Securities Acquired (A) Expiration Date
Price of Date Code or Disposed of (D)
Derivative
Security Code V A D Exercisable Expiration
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<S> <C> <C> <C> <C> <C> <C> <C>
Employee Stock Option (right to$20.7200 07/10/97 01/30/97
buy)
Employee Stock Option (right to$32.8800 07/10/97 01/25/06
buy)
Non-Qualified Stock Option $31.2188 11/24/98 11/24/07
(right to buy)
<CAPTION>
Table II (PART 2) Derivative Securities Acquired, Disposed of, or Beneficially Owned (Columns 1,3 and 7 through 11)
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1)Title of Derivative 3)Trans- 7)Title and Amount 8)Price 9)Number of 10) 11)Nature of
Security action of Underlying of Deri- Derivative Indirect
Date Securities vative Securities D Beneficial
Amount or Security Beneficially or Ownership
Number of Owned at I
- Title Shares End of Month
- ------------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
Employee Stock Option (right to Common Stock 5,110.00 5,110.00 D Direct
buy)
Employee Stock Option (right to Common Stock 5,110.00 5,110.00 D Direct
buy)
Non-Qualified Stock Option Common Stock 4,900.00 4,900.00 D Direct
(right to buy)
<FN>
Explanation of Responses:
(1)
The reporting person received shares of the Belair Capital Fund LLC, a Massahusetts limited liability company, in exchange for
35,000 shares of IDX common stock. This exchange is pursuant to an amended and restated operating agreement, Bylaws and other
documents providing for significant restrictions and limitations on the rights of the shareholders. The closing stock price of
$42.125 per share for April 17, 1998 was used to calcuate the exchange for the IDX common stock. This transaction is not considered
a sale under the Internal Revenue Code, but an exchange of ownership of securities.
</FN>
</TABLE>
SIGNATURE OF REPORTING PERSON
/S/ By: Robert W. Baker, Jr., Attorney-In-Fact
For: Malcolm A. Gleser
DATE