SEC Form 4 · accession 0001144354-15-000074
HEARTLAND PAYMENT SYSTEMS INC · HPY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael A Lawler
Officer — President - Strategic Markets
Period of report
Jul 20, 2015
Accepted (ET)
Jul 22, 2015 · 6:30 pm 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 | Jul 20, 2015 | M | 6,922 | $0.00 | A | 10,112 | D | |
| Common Stock | Jul 20, 2015 | F | 2,309 | $0.00 | D | 7,803 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F3 | — | Jul 20, 2015 | M | 6,922 | D | — | — | Common Stock | 6,922 | 6,922 | D |
Explanation of responses
- F1Shares were withheld from the reporting person, in an exempt transaction under Rule 16b-3, solely to satisfy tax obligations arising from the vesting of the restricted stock described in this Form 4.
- F2Each restricted stock unit represents a contingent right to receive one share of the Heartland Payment Systems Inc. common stock.
- F3The restricted stock units vest in four equal installments beginning July 20, 2013. Vested shares will be delivered to the reporting person as soon as administratively practicable following the vesting of the restricted stock unit.