SEC Form 4 · accession 0001559865-15-000010
EVERTEC, Inc. · EVTC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Carlos J. Ramirez
Officer — Executive Vice President
Period of report
Mar 13, 2015
Accepted (ET)
Mar 17, 2015 · 4:31 pm EDT
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 | Mar 13, 2015 | A | 21,968 | — | A | 250,711 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Reports a grant on March 13, 2015, of 21,968 restricted stock units, of which (i) 11,804 will vest in 3 substantially equal installments on January 1, 2016, January 1, 2017 and January 1, 2018; and (ii) 10,164 will vest on January 1, 2018 to the extent that performance is achieved against pre-established goals, in each case of (i) and (ii) provided the Reporting Person is then providing services to the Company. Each restricted stock unit represents a contingent right to receive one share of the Company's common stock. Vested shares will be delivered to the Reporting Person on or before March 15th of the year they vest.