SEC Form 4 · accession 0001209191-16-097685
CORPAY, INC. · CPAY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ronald Clarke
Officer — CEO & President · Director
Period of report
Jan 20, 2016
Accepted (ET)
Feb 11, 2016 · 6:11 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001175454
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF1 | $149.68 | Jan 20, 2016 | A | 850,000 | A | Jan 20, 2016 | Dec 4, 2024 | Common Stock | 850,000 | 850,000 | D |
| Stock OptionsF2 | $114.90 | Jan 20, 2016 | A | 425,000 | A | Jan 20, 2017 | Jan 20, 2026 | Common Stock | 425,000 | 425,000 | D |
Explanation of responses
- F1Performance based stock option granted on December 4, 2014. Achievement of performance based stock option vesting criteria as of January 20, 2016. Subject to time based vesting as follows: 425,000 options on January 20, 2016; and 212,500 options each on December 31, 2016 and December 31, 2017.
- F2Options vest 0% in 2016 then ratably (50%) on each of January 20, 2017 and January 20, 2018.