SEC Form 4 · accession 0001533932-17-000050
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 17, 2017
Accepted (ET)
Feb 22, 2017 · 5:02 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 17, 2017 | F | 373 | $64.86 | D | 84,143 | D | |
| Class A Common StockF2 | Feb 18, 2017 | M | 1,209 | $0.00 | A | 85,352 | D | |
| Class A Common Stock | Feb 18, 2017 | F | 389 | $64.86 | D | 84,963 | D | |
| Class A Common StockF3 | Feb 18, 2017 | A | 19,342 | $0.00 | A | 104,305 | D | |
| Class A Common StockF4 | Feb 18, 2017 | F | 7,190 | $64.86 | D | 97,115 | 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 2014F5,F6 | — | Feb 17, 2017 | M | 1,209 | D | — | — | Class A Common Stock | 1,209 | 1,209 | D |
Explanation of responses
- F1These shares were withheld to cover tax withholding obligations upon the vesting of 999 shares of restricted stock on February 17, 2017.
- F2Restricted stock units convert into Class A Common Stock on a one-for-one basis.
- F3Represents the settlement in common stock of performance share units which vested on February 18, 2017 following satisfaction of certain performance-related conditions to vesting.
- F4These shares were withheld to cover tax withholding obligations when 19,342 performance share units vested on February 18, 2017.
- F5Each restricted stock unit represents a contingent right to receive one share of Vantiv, Inc. Class A common stock.
- F6On February 18, 2014, the reporting person was granted 4,835 restricted stock units, vesting in four equal (subject to rounding) annual installments beginning on February 18, 2015.