SEC Form 4 · accession 0001209191-16-113336
VERIFONE SYSTEMS, INC. · PAY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jonathan I Schwartz
Director
Period of report
Apr 1, 2016
Accepted (ET)
Apr 5, 2016 · 7:51 pm EDT
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 shareF1 | Apr 1, 2016 | M | 2,000 | $0.00 | A | 4,000 | 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 UnitsF1 | $0.00 | Apr 1, 2016 | M | 2,000 | D | — | — | Common Stock, par value $0.01 per share | 2,000 | 0 | D |
| Restricted Stock UnitsF2 | $0.00 | Apr 1, 2016 | A | 6,556 | D | — | — | Common Stock, par value $0.01 per share | 6,556 | 6,556 | D |
Explanation of responses
- F1On April 1, 2016, shares of the issuer's common stock underlying these restricted stock units became deliverable without the payment of any consideration and were delivered to the reporting person.
- F2100% of these restricted stock units will vest on the first anniversary of the grant date.