SEC Form 4 · accession 0001209191-17-025095
VERIFONE SYSTEMS, INC. · PAY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eitan Raff
Director
Period of report
Apr 1, 2017
Accepted (ET)
Apr 4, 2017 · 5:19 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, 2017 | M | 6,556 | — | A | 17,556 | 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 | — | Apr 1, 2017 | M | 6,556 | D | — | — | Common Stock, par value $0.01 per share | 6,556 | 0 | D |
| Restricted Stock UnitsF2 | — | Apr 3, 2017 | A | 8,484 | A | — | — | Common Stock, par value $0.01 per share | 8,484 | 8,484 | D |
Explanation of responses
- F1On April 1, 2017, 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.