SEC Form 4 · accession 0001144354-15-000068
HEARTLAND PAYMENT SYSTEMS INC · HPY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles Kallenbach
Officer — Chief Legal Officer, GC & Sec.
Period of report
Jun 5, 2015
Accepted (ET)
Jun 9, 2015 · 8:37 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001144354
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jun 5, 2015 | M | 22,500 | $15.22 | A | 41,451 | D | |
| Common StockF1,F2 | Jun 5, 2015 | S | 13,669 | $53.28 | D | 27,782 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F3 | $15.22 | Jun 5, 2015 | M | 22,500 | D | — | Jul 22, 2015 | Common Stock | 22,500 | 0 | D |
Explanation of responses
- F1Shares were sold by the reporting person, solely to satisfy withholding tax obligations and the exercise price arising from the exercise of the options described in this Form 4.
- F2This price is the weighted average price of the 13,669 shares of Heartland Payment Systems, Inc. (the "Issuer") common stock sold. The prices actually paid for the shares of the Issuers common stock sold ranged from $53.22 to $53.40. The reporting person will provide to the Issuer, any security holder of the Issuer or the SEC Staff, upon request, information regarding the number of shares sold at each price within the range of prices actually paid.
- F3The reporting person was granted 45,000 options on July 22, 2010. The option vested in four equal annual installments beginning on July 22, 2011.