form4-mfd2.htm

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 4

Statement of Changes in Beneficial Ownership



Filed pursuant to section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Act of 1935 or Section 30(f) of the Investment Company Act of 1940

  1. Name and Address of Reporting Person:

           Laird, Jr., Joseph E.
           FactSet Research Systems Inc.
           One Greenwich Plaza
           Greenwich, CT 06830

  2. Issuer Name and Ticker or Trading Symbol:

           FactSet Research Systems Inc. (FDS)

  3. IRS Number of Reporting Person, if an entity (voluntary)

            N/A

  4. Statement for Month/Year:

           January 2002

  5. If Amendment, Date of Original ( Month/Year):

            N/A

  6. Relationship of Reporting Person to Issuer:

           (X) Director (*give title below)    (  ) Officer    (  ) 10% Owner

           (  ) Other (specify below)

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

           (X) Form filed by one reporting person

           (  ) Form filed by more then one reporting person






TABLE  I  -  NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED

1. Title of Security
2. Transaction Date
 3. Transaction Code
 4. Securities Acquired (A) or Disposed (D)
    Code              V Amount     (A) or (D)      Price
(A)   FactSet Research 01/03/02      M/F                     1,000            A            $  9.3959
(A)   Systems Inc. 01/03/02      S                     1,000            D            $36.9500
         Common Stock                                                    


  1. Amount of Securities Beneficially Owned at End of Month

           N/A

  2. Ownership Form:   Direct (D) or Indirect (I)

           N/A

  3. Nature of Indirect Beneficial Ownership

           N/A


TABLE II    -   DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
(e.g., puts, calls, warrants, options, convertible securities)
1.  Title of 2.  Conversion or 3.  Transaction 4.  Transaction 5.  Number of Derivative
      Derivative       Exercise Price       Date       Code      Securities Acquired  (A)
      Security       of Derivative                     or Disposed  (D)
      Security       
      Code           V (A)               (D)
(A)   Non-qualified         $  9.3959 01/03/02          X          N/A                     1,000
(B)   Stock Options         $36.7000 01/11/02          A          N/A 3,000                    
        (Right to Buy)        


  1. Date Exercisable and Expiration Date (Month/Day/Year)

           (A)  Option grant acquired on January 8, 1998.

           (B)  20% of the option grant acquired on January 11, 2002 is exercisable on January 11, 2003,
                  2004, 2005, 2006 and 2007. Expiration date is January 11, 2012.

  2. Title and Amount of Underlying Securities

           (A)   FactSet Research Systems Inc. Common Stock - 1,000 shares

           (B)   FactSet Research Systems Inc. Common Stock - 3,000 shares

  3. Price of Derivative Security

           $0.00

  4. Number of Derivative Securities Beneficially Owned at End of Month

           42,000

  5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)

           D

  6. Nature of Indirect Beneficial Ownership

           N/A



Explanation of Responses:







 
Signature of Reporting Person
       
Date: February 8, 2002 /s/  Joseph E. Laird, Jr.
----------------------------
Joseph E. Laird, Jr.