SEC Form 4 · accession 0001029199-18-000102
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
Oct 23, 2018
Accepted (ET)
Oct 25, 2018 · 4:53 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 share | Oct 23, 2018 | M | 25,000 | $10.10 | A | 1,477,207 | D | |
| Common Stock, par value $0.02 per shareF1 | Oct 23, 2018 | S | 25,000 | $112.24 | D | 1,452,207 | D | |
| Common Stock, par value $0.02 per share | Oct 25, 2018 | M | 25,000 | $10.10 | A | 1,477,207 | D | |
| Common Stock, par value $0.02 per shareF2 | Oct 25, 2018 | S | 25,000 | $111.09 | D | 1,452,207 | D | |
| Common Stock, par value $0.02 per share | holding | — | — | — | 5,406 | I | By 401(k) Plan | |
| Common Stock, par value $0.02 per shareF3 | holding | — | — | — | 206,000 | I | See | |
| Common Stock, par value $0.02 per shareF4 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F5 | $10.10 | Oct 23, 2018 | M | 25,000 | D | — | Dec 16, 2018 | Common Stock | 25,000 | 151,080 | D |
| Employee Stock Option (right to buy)F5 | $10.10 | Oct 25, 2018 | M | 25,000 | D | — | Dec 16, 2018 | Common Stock | 25,000 | 126,080 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $112.00 to $113.01, 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.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $110.25 to $112.55, 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.
- F3Shares held by Mr. Brown's spouse as custodian for his children.
- F4Shares held by four family trusts for the benefit of Mr. Brown's children, of which Mr. Brown's spouse is the trustee.
- F5This option vests with respect to 40% of the shares on December 16, 2010 and 20% each anniversary thereafter provided the that price of Euronet Common Stock averages at least $16.00 per share for a 30-day calendar period prior to December 16, 2011.