SEC Form 4 · accession 0001407607-16-000003
EVERTEC, Inc. · EVTC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Morgan M Schuessler
Officer — President & CEO · Director
Period of report
Feb 19, 2016
Accepted (ET)
Feb 23, 2016 · 4:38 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001559865
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 19, 2016 | A | 15,351 | — | A | 128,562 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Reports a grant on February 19, 2016 of 119,737 restricted stock units with time-based vesting of which (i) 39,912 will vest on February 19, 2017, (ii) 39,912 will vest on February 19, 2018, and (iii) 39,913 will vest on February 19, 2019, in each case subject to earlier vesting upon a termination of service in certain circumstances. Each restricted stock unit represents a contingent right to receive one share of common stock. Shares will be delivered to the Reporting Person within 75 days following vesting of the restricted stock units.