SEC Form 4 · accession 0000721683-15-000145
TOTAL SYSTEM SERVICES INC · TSS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
G Sanders Griffith III
Officer — Sr. EVP, Gen. Counsel, Sec.
Period of report
Nov 4, 2015
Accepted (ET)
Nov 5, 2015 · 5:35 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 | Nov 4, 2015 | M | 26,330 | $22.91 | A | 257,003 | D | |
| Common StockF1 | Nov 4, 2015 | S | 26,330 | $52.489 | D | 230,673 | D | |
| Common Stock | Nov 4, 2015 | M | 18,750 | $24.44 | A | 249,423 | D | |
| Common StockF2 | Nov 4, 2015 | S | 18,750 | $52.369 | D | 230,673 | D | |
| Common Stock | Nov 4, 2015 | M | 10,302 | $30.83 | A | 240,975 | D | |
| Common StockF3 | Nov 4, 2015 | S | 10,302 | $52.477 | D | 230,673 | D | |
| Common Stock | holding | — | — | — | 1,683 | I | By Spouse |
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)F4 | $22.91 | Nov 4, 2015 | M | 26,330 | D | Mar 29, 2013 | Mar 28, 2022 | Common Stock | 26,330 | 0 | D |
| Employee Stock Options (right to buy)F5 | $24.44 | Nov 4, 2015 | M | 18,750 | D | Apr 1, 2014 | Mar 31, 2023 | Common Stock | 18,750 | 18,472 | D |
| Employee Stock Options (right to buy) | $30.83 | Nov 4, 2015 | M | 10,302 | D | Mar 18, 2015 | Mar 17, 2024 | Common Stock | 10,302 | 41,836 | 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 $52.12 to $52.60, 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, 2 and 3 to this Form 4 report.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $52.13 to $52.57, inclusive.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $52.40 to $52.64, inclusive.
- F4These options became exercisable in three equal annual installments beginning on the first anniversary of the grant date.
- F5One-half of these options became exercisable on April 1, 2014 and the remaining one-half became exercisable on April 1, 2015.