SEC Form 4 · accession 0001144354-15-000099
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
Dec 6, 2015
Accepted (ET)
Dec 15, 2015 · 3:06 pm EST
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 | Dec 6, 2015 | M | 1,401 | $0.00 | A | 5,204 | D | |
| Common Stock | Dec 6, 2015 | F | 448 | $0.00 | D | 4,756 | D | |
| Common Stock | Dec 10, 2015 | A | 5,396 | $0.00 | A | 10,152 | D | |
| Common Stock | Dec 10, 2015 | F | 2,045 | $0.00 | D | 8,107 | 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 UnitF2,F3,F4 | — | Dec 6, 2015 | M | 1,401 | D | — | Dec 6, 2023 | Common Stock | 1,401 | 2,803 | D |
| Restricted Stock UnitF2,F3,F5 | — | Dec 11, 2015 | A | 6,026 | A | — | — | Common Stock | 6,026 | 12,052 | D |
Explanation of responses
- F1The shares of common stock were acquired upon the vesting of relative total shareholder return performance share units granted in December 2012.
- F2Each vested restricted stock unit was the economic equivalent of one share of the Issuer's common stock. The reporting person settled the vested restricted stock units for shares of the Issuer's common stock.
- F3Each restricted stock unit represents a contingent right to receive one share of Heartland Payment Systems, Inc.'s Common Stock.
- F4The restricted stock units vest in four equal annual installments beginning December 6, 2014. Vested shares will be delivered to the reporting person as soon as administratively practicable following the vesting of the restricted stock unit.
- F5The restricted stock units vest in four equal annual installments beginning December 11, 2016. Vested shares will be delivered to the reporting person as soon as administratively practicable following the vesting of the restricted stock unit.