SEC Form 4 · accession 0001533932-16-000374
Worldpay, Inc. · WP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Royal Cole
Officer — Grp Pres, Merchant & FI Svcs
Period of report
Feb 27, 2016
Accepted (ET)
Mar 1, 2016 · 4:27 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001533932
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1 | Feb 27, 2016 | A | 27,698 | $0.00 | A | 120,300 | D | |
| Class A Common StockF2 | Feb 27, 2016 | F | 10,548 | $52.17 | D | 109,752 | D | |
| Class A Common StockF3 | Feb 27, 2016 | M | 1,731 | $0.00 | A | 111,483 | D | |
| Class A Common Stock | Feb 27, 2016 | F | 531 | $52.17 | D | 110,952 | 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 Units 2013F4,F5 | — | Feb 27, 2016 | M | 1,731 | D | — | — | Class A Common Stock | 1,731 | 1,731 | D |
Explanation of responses
- F1Represents the settlement in common stock of performance share units which vested on February 27, 2016 following satisfaction of certain performance-related conditions to vesting.
- F2These shares were withheld to cover tax withholding obligations when 27,698 performance share units vested on February 27, 2016.
- F3Restricted stock units convert into Class A Common Stock on a one-for-one basis.
- F4Each restricted stock unit represents a contingent right to receive one share of Vantiv, Inc. Class A common stock.
- F5On February 27, 2013, the reporting person was granted 6,924 restricted stock units, vesting in four equal (subject to rounding) annual installments beginning on February 27, 2014.