SEC Form 4 · accession 0001127602-16-053959
CARDTRONICS INC · CATM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dennis Lynch
Director
Period of report
May 26, 2016
Accepted (ET)
May 31, 2016 · 5:03 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001277856
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | May 26, 2016 | J | 3,269 | $38.1158 | D | 0 | I | Held in trust by Cardtronics, Inc. pursuant to Deferred Compensation Plan |
| Common Stock | holding | — | — | — | 25,359 | 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 | — | holding | — | — | — | — | — | Common Stock | 3,647 | 3,647 | D |
Explanation of responses
- F1Shares sold on the open market upon modification of Cardtronics' Deferred Compensation Plan ("the Plan") that eliminated the ability of directors and employees to hold deferred compensation in Cardtronics stock. The proceeds of this sale will be held in trust pursuant to the terms of the Plan.
- F2Each restricted stock unit represents a contingent right to receive one share of Cardtronics common stock.
- F3Restricted Stock Units awarded to Mr. Lynch in connection with his anticipated service as a director for the Company in 2016. The forfeiture restrictions on the units shall lapse on March 10, 2017, and each restricted stock unit will convert into one share of Cardtronics common stock at that time. In the event that Mr. Lynch's service as a director ends prior to such date, the units will be forfeited back to the Company.