SEC Form 4 · accession 0001029199-18-000062
EURONET WORLDWIDE, INC. · EEFT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael J Brown
Officer — CEO and President of EWI Inc. · Director
Period of report
Jul 27, 2018
Accepted (ET)
Jul 31, 2018 · 4:37 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001029199
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.02 per shareF1 | Jul 27, 2018 | M | 25,000 | $10.10 | A | 1,486,118 | D | |
| Common Stock, par value $0.02 per shareF2 | Jul 27, 2018 | S | 25,000 | $93.27 | D | 1,461,118 | D | |
| Common Stock, par value $0.02 per shareF3 | holding | — | — | — | 5,406 | I | By 401(k) Plan | |
| Common Stock, par value $0.02 per shareF4 | holding | — | — | — | 206,000 | I | See | |
| Common Stock, par value $0.02 per shareF5 | holding | — | — | — | 52,000 | I | By Family Trusts | |
| Common Stock, par value $0.02 per share | holding | — | — | — | 34,000 | I | By spouse |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common StockF6 | $10.10 | Jul 27, 2018 | M | 25,000 | D | — | Dec 16, 2018 | Employee Stock Option (right to buy) | 25,000 | 127,323 | D |
Explanation of responses
- F1Includes adjustments for the following gifts that were exempt under Section 16 per Rule 16b-5, but not previously reported: April 6, 2015 470 shares; March 16, 2016 380 shares; May 15, 2017 500 shares; November 10, 2017 10,000 shares and December 5, 2017 5,000 shares.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $93.00 to $93.50, inclusive. The Reporting Person undertakes to provide to Euronet Worldwide, Inc., any security holder of Euronet Worldwide, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range referred herein.
- F3On March 14, 2018, the Reporting Person acquired 96 shares of the Issuer's common stock pursuant to the Euronet Worldwide, Inc. 401K plan.
- F4Shares held by Mr. Brown's spouse as custodian for his children.
- F5Shares held by four family trusts for the benefit of Mr. Brown's children, of which Mr. Brown's spouse is the trustee.
- F6This option vests with respect to 40% of the shares on December 16, 2010 and 20% each anniversary thereafter.