SEC FORM 4 SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
 
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
COULTER DAVID A

(Last) (First) (Middle)
C/O WARBURG PINCUS LLC
466 LEXINGTON AVENUE

(Street)
NEW YORK NY 10017

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Metavante Technologies, Inc. [ MV ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
11/02/2007
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. 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
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, $0.01 par value per share(1) 11/02/2007 C(1) 29,732,214 A $0(1) 29,732,214(1) I(1) See footnote(1)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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 Securities Underlying Derivative Security (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: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Class A Common Stock, par value $0.01 per share (1) 11/02/2007 C(1) 29,732,214 (1) (1) Common Stock 29,732,214 (1) 0 I(1) See footnote(1)
Explanation of Responses:
1. See Exhibit 99.
Remarks:
Exhibit List ------------ Exhibit 99 Explanation of Responses
/s/ Stacey Bruckner, as Attorney-in-Fact 11/06/2007
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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 Number.
rrd157244_177535.html
                                                                      Exhibit 99
                            Explanation of Responses

On November 1, 2007 (the "Closing Date"), WPM, L.P., a Delaware limited
partnership ("WPM"), purchased 29,732,214 shares of Class A common stock, par
value $0.01 per share (the "Class A Common Stock"), of Metavante Technologies,
Inc. (formerly known as Metavante Holding Company), a Wisconsin Corporation (the
"Issuer"), for an aggregate purchase price of $625 million, pursuant to an
Investment Agreement, dated as of April 3, 2007, among the Issuer, M&I LLC
(formerly known as Marshall & Ilsley Corporation), a Wisconsin limited liability
company ("M&I"), Metavante Corporation, a Wisconsin corporation, Montana Merger
Sub Inc., a Wisconsin corporation, and WPM (the "Investment Agreement").

In order to facilitate the structure of the transactions contemplated by the
Investment Agreement, at 12:01 a.m. Eastern Daylight Time on the day following
the Closing Date, each outstanding share of the Class A Common Stock
automatically converted into one share of the Issuer's common stock, par value
$0.01 per share ("Common Stock"). At this time, the rights of WPM with respect
to shares of converted Class A Common Stock ceased and WPM was deemed to have
become the holder of an equivalent number of shares of Common Stock.

WPM is the direct record owner of 29,732,214 shares of Common Stock, which, as
described above, automatically converted from 29,732,214 shares of Class A
Common Stock at 12:01 a.m. Eastern Daylight Time on the day following the
Closing Date. WPM GP, LLC, a Delaware limited liability company ("WPM
GP"), is the sole general partner of WPM. Warburg Pincus Private Equity IX,
L.P., a Delaware limited partnership ("WP IX"), is the sole member of
WPM GP. Warburg Pincus IX LLC, a New York limited liability company
("WP IX LLC"), is the sole general partner of WP IX. Warburg Pincus Partners,
LLC, a New York limited liability company ("WP Partners"), is the sole
member of WP IX LLC. Warburg Pincus & Co., a New York general
partnership ("WP"), is the managing member of WP Partners. Warburg Pincus LLC, a
New York limited liability company ("WP LLC"), manages WP IX. Messrs.
Charles R. Kaye and Joseph P. Landy are each Managing General Partners of WP and
Co-Presidents and Managing Members of WP LLC. By reason of the provisions of
Rule 16a-1 of the Securities Exchange Act of 1934, as amended (the "Exchange
Act"), each of WPM GP, WP IX, WP IX LLC, WP Partners, WP, WP LLC, and Messrs.
Kaye and Landy may be deemed to be the beneficial owners of any securities that
may be deemed to be beneficially owned by WPM. Each of WPM GP, WP IX, WP IX LLC,
WP Partners, WP, WP LLC, and Messrs. Kaye and Landy disclaim beneficial
ownership of all shares of both the Issuer's Class A Common Stock and Common
Stock except to the extent of any indirect pecuniary interest therein.

David A. Coulter, the reporting person, who became a director of the Issuer on
November 1, 2007, upon the completion of the transactions contemplated by the
Investment Agreement, is a general partner of WP and a managing director and
member of WP LLC. As such, Mr. Coulter may be deemed to have an indirect
pecuniary interest (within the meaning of Rule 16a-1 under the Securities
Exchange Act of 1934) in an indeterminate portion of the securities reported as
beneficially owned by WPM. Mr. Coulter disclaims beneficial ownership of such
securities except to the extent of any indirect pecuniary interest therein. Mr.
Coulter does not directly own any shares of Class A Common Stock or Common
Stock.