SEC Form 4 · accession 0001209191-16-131543
VERIFONE SYSTEMS, INC. · PAY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alok Bhanot
Officer — EVP, Engineering & CTO
Period of report
Jul 2, 2016
Accepted (ET)
Jul 6, 2016 · 4:11 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,F2 | Jul 2, 2016 | M | 1,503 | $0.00 | A | 31,521 | I | By Trust |
| Common Stock, par value $0.01 per shareF2 | Jul 2, 2016 | F | 565 | $18.01 | D | 30,956 | I | By Trust |
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 | — | Jul 2, 2016 | M | 1,503 | D | — | — | Common Stock, par value $0.01 per share | 1,503 | 15,031 | D |
Explanation of responses
- F1On July 2, 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.
- F2These securities are held in trust for the benefit of the reporting person and certain members of the reporting person's family. The reporting person and such family members are the trustees of such trust. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or any other purpose.