SEC Form 4 · accession 0000721683-15-000056
TOTAL SYSTEM SERVICES INC · TSS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kenneth L Tye
Officer — Sr EVP and CIO
Period of report
Mar 2, 2015
Accepted (ET)
Mar 3, 2015 · 2:31 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000721683
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 2, 2015 | M | 46,492 | $23.66 | A | 228,334 | D | |
| Common StockF1 | Mar 2, 2015 | S | 46,492 | $38.6174 | D | 181,842 | D | |
| Common Stock | Mar 2, 2015 | M | 12,647 | $33.36 | A | 194,489 | D | |
| Common StockF2 | Mar 2, 2015 | S | 12,647 | $38.5806 | D | 181,842 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Options (right to buy)F3 | $23.66 | Mar 2, 2015 | M | 46,492 | D | Mar 31, 2011 | Mar 30, 2018 | Common Stock | 46,492 | 0 | D |
| Employee Stock Options (right to buy)F4 | $33.36 | Mar 2, 2015 | M | 12,647 | D | Jan 31, 2010 | Jan 30, 2017 | Common Stock | 12,647 | 0 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $38.47 to $38.72, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (1) and (2) to this Form 4.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $38.54 to $38.605, inclusive.
- F3These options vested in three equal annual installments on March 31, 2009, March 31, 2010 and March 31, 2011.
- F4These options vested in three equal annual installments on January 31, 2008, January 31, 2009 and January 31, 2010.