SEC Form 4 · accession 0000721683-16-000262
TOTAL SYSTEM SERVICES INC · TSS
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
Dorenda K Weaver
Officer — EVP & Chief Accounting Officer
Period of report
May 11, 2016
Accepted (ET)
May 12, 2016 · 11:53 am EDT
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 | May 11, 2016 | M | 5,031 | $24.44 | A | 61,946 | D | |
| Common StockF1 | May 11, 2016 | S | 5,031 | $53.032 | D | 56,915 | D | |
| Common Stock | May 11, 2016 | M | 5,771 | $30.83 | A | 62,686 | D | |
| Common StockF2 | May 11, 2016 | S | 5,771 | $53.03 | D | 56,915 | D | |
| Common Stock | holding | — | — | — | 13,767 | I | By Spouse | |
| Common Stock | holding | — | — | — | 745 | I | By Child |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee stock option (right to buy) | $24.44 | May 11, 2016 | M | 5,031 | D | Apr 1, 2016 | Mar 31, 2023 | Common Stock | 5,031 | 0 | D |
| Employee stock option (right to buy)F3 | $30.83 | May 11, 2016 | M | 5,177 | D | Mar 18, 2016 | Mar 17, 2024 | Common Stock | 5,177 | 5,602 | 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 $53.01 to $53.12, 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 report.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $53.01 to $53. 08, inclusive.
- F3These options were part of a March 18, 2014 employee stock option award to the reporting person, with vesting in three equal annual installments on March 18, 2015, March 18, 2016 and March 18, 2017.