SEC Form 4 · accession 0000721683-15-000159
TOTAL SYSTEM SERVICES INC · TSS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William A Pruett
Officer — Sr. EVP
Period of report
Nov 19, 2015
Accepted (ET)
Nov 20, 2015 · 11:10 am 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 19, 2015 | M | 27,083 | $22.91 | A | 300,013 | D | |
| Common StockF1 | Nov 19, 2015 | S | 27,083 | $54.503 | D | 272,930 | D | |
| Common Stock | Nov 19, 2015 | M | 19,309 | $24.44 | A | 292,239 | D | |
| Common StockF2 | Nov 19, 2015 | S | 19,309 | $54.37 | D | 272,930 | 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 | $22.91 | Nov 19, 2015 | M | 27,083 | D | Mar 29, 2013 | Mar 28, 2022 | Common Stock | 27,083 | 0 | D |
| Employee Stock Options (right to buy)F4 | $24.44 | Nov 19, 2015 | M | 19,309 | D | Apr 1, 2014 | Mar 31, 2023 | Common Stock | 19,309 | 19,024 | 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 $54.38 to $54.61, 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 reported in footnotes 1and 2 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 $54.35 to $54.43, inclusive.
- F3These options became exercisable in three annual equal installments on March 29, 2013, March 29, 2014 and March 29, 2015.
- F4One-half of these options became exercisable on April 1, 2014 and the remaining one-half became exercisable on April 1, 2015.