SEC Form 4 · accession 0001209191-18-021837
VERIFONE SYSTEMS, INC. · PAY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Vincent D'Agostino
Officer — EVP, Chief Strategy Officer
Period of report
Jan 2, 2018
Accepted (ET)
Mar 27, 2018 · 6:49 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 | Mar 23, 2018 | M | 3,531 | $0.00 | A | 23,320 | D | |
| Common Stock, par value $0.01 per share | Mar 23, 2018 | F | 1,211 | $16.06 | D | 22,109 | 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 | — | Mar 23, 2018 | M | 3,531 | D | — | — | Common Stock, par value $0.01 per share | 3,531 | 10,591 | D |
| Restricted Stock UnitsF2 | $0.00 | Jan 2, 2018 | A | 14,122 | A | — | — | Common Stock, par value $0.01 per share | 14,122 | 14,122 | D |
Explanation of responses
- F1On March 23, 2018, 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.
- F225% of these restricted stock units will vest on March 23, 2018. Thereafter, 6.25% of these restricted stock units will vest at the end of each subsequent three month period until these restricted stock units have fully vested.