SEC Form 4 · accession 0001209191-15-014834
VERIFONE SYSTEMS, INC. · PAY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Albert Liu
Officer — EVP, Corp Dev & Gen Counsel
Period of report
Feb 13, 2015
Accepted (ET)
Feb 17, 2015 · 7:16 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001312073
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.01 per share | Feb 13, 2015 | M | 14,063 | $7.68 | A | 60,092 | D | |
| Common Stock, par value $0.01 per share | Feb 13, 2015 | S | 14,063 | $35.00 | D | 46,029 | D | |
| Common Stock, par value $0.01 per share | Feb 13, 2015 | M | 65,625 | $11.41 | A | 111,654 | D | |
| Common Stock, par value $0.01 per shareF2 | Feb 13, 2015 | S | 65,625 | $35.04 | D | 46,029 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (right to buy)F3 | $7.68 | Feb 13, 2015 | M | 14,063 | D | — | Jul 1, 2016 | Common Stock, par value $0.01 per share | 14,063 | 0 | D |
| Stock Options (right to buy)F3 | $11.41 | Feb 13, 2015 | M | 65,625 | D | — | Nov 3, 2015 | Common Stock, par value $0.01 per share | 65,625 | 0 | D |
Explanation of responses
- F1Transaction effected pursuant to a Rule 10b5-1 Plan.
- F2Shares sold between $35.00 and $35.21 per share at a weighted average price of $35.04. The reporting person will provide to the Commission, the issuer and any stockholder, upon request, full information regarding the number of shares sold at each separate price.
- F3The stock options underlying this grant are fully exercisable as they previously vested.