SEC Form 4 · accession 0001559865-17-000006
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
Peter JS Smith
Officer — EVP, CFO & Treasurer
Period of report
Feb 24, 2017
Accepted (ET)
Feb 28, 2017 · 4:31 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 24, 2017 | A | 29,326 | — | A | 96,007 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Reports a grant on February 24, 2017, of 29,326 restricted stock units with time-based vesting of which (i) 9,775 will vest on February 24, 2018, (ii) 9,775 will vest on February 24, 2019, and (iii) 9,776 will vest on February 24, 2020, 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.