SEC Form 4 · accession 0000721683-16-000297
TOTAL SYSTEM SERVICES INC · TSS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William A Pruett
Officer — Senior Executive Vice Pres.
Period of report
Nov 7, 2016
Accepted (ET)
Nov 8, 2016 · 12:04 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 StockF1,F2 | Nov 7, 2016 | S | 5,430 | $49.5371 | D | 261,795 | D | |
| Common StockF3 | Nov 7, 2016 | S | 20,000 | $49.469 | D | 241,795 | D | |
| Common Stock | Nov 7, 2016 | M | 10,738 | $30.83 | A | 252,533 | D | |
| Common StockF4 | Nov 7, 2016 | S | 10,738 | $49.137 | D | 241,795 | D | |
| Common Stock | Nov 7, 2016 | M | 21,737 | $30.83 | A | 263,532 | D | |
| Common StockF5 | Nov 7, 2016 | S | 21,737 | $49.283 | D | 241,795 | 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 option (right to buy)F6 | $30.83 | Nov 7, 2016 | M | 10,738 | D | Mar 18, 2015 | Mar 17, 2024 | Common Stock | 10,738 | 43,153 | D |
| Employee stock option (right to buy)F6 | $30.83 | Nov 7, 2016 | M | 21,737 | D | Mar 18, 2015 | Mar 17, 2024 | Common Stock | 21,737 | 21,416 | 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 $49.50 to $49.62, 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, 3,4 and 5 to this Form 4 report.
- F2Includes shares acquired through exempt purchases in the issuer's employee stock purchase plan since the reporting person's last Form 4 report that included shares of common stock beneficially owned.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $49.32 to $49.55, inclusive.
- F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $49.04 to $49.26, inclusive.
- F5The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $49.22 to $49.35, inclusive.
- F6The employee stock options granted on March 18, 2014 were exercisable in three equal annual installments on March 18, 2015, March 18, 2016 and March 18, 2017.