SEC Form 4 · accession 0001533932-16-000432
Worldpay, Inc. · WP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey E Stiefler
Director
Period of report
Jun 30, 2016
Accepted (ET)
Jul 1, 2016 · 4:02 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001533932
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F1,F2 | — | Jun 30, 2016 | A | 640 | A | — | — | Class A Common Stock | 640 | 48,830 | D |
| Restricted Stock UnitsF4,F1,F5 | — | Jun 30, 2016 | A | 536 | A | — | — | Class A Common Stock | 536 | 49,366 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Vantiv, Inc. Class A Common Stock.
- F2The restricted stock units vest on the grant date. Vested shares will be delivered to the reporting person following the termination of the reporting person's service as a director.
- F3The restricted stock units were issued to the reporting person in lieu of retainer fees of $36,250.
- F4In connection with our annual equity grant to directors on May 10, 2016, the reporting person was inadvertently granted fewer restricted stock units than provided by our director compensation program. As a result, the reporting person was granted the additional restricted stock units reported on this form.
- F5The restricted stock units vest on the earlier of May 10, 2017 and the next annual meeting of stockholders. Vested shares will be delivered to the reporting person following the termination of the reporting person's service as a director.