SEC Form 4 · accession 0000721683-17-000036
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
Jan 30, 2017
Accepted (ET)
Feb 1, 2017 · 9:15 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 StockF1,F2 | Jan 30, 2017 | S | 14,292 | $50.924 | D | 256,953 | D | |
| Common Stock | Jan 31, 2017 | S | 300 | $51.25 | D | 256,653 | D | |
| Common StockF3 | Jan 31, 2017 | S | 14,824 | $50.967 | D | 241,829 | D | |
| Common Stock | Jan 31, 2017 | M | 14,650 | $38.20 | A | 256,479 | D | |
| Common Stock | Jan 31, 2017 | S | 300 | $51.25 | D | 256,179 | D | |
| Common StockF4 | Jan 31, 2017 | S | 7,025 | $50.923 | D | 249,154 | D | |
| Common Stock | Jan 31, 2017 | S | 325 | $51.26 | D | 248,829 | D | |
| Common StockF5 | Jan 31, 2017 | S | 7,000 | $50.924 | D | 241,829 | 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) | $38.20 | Jan 31, 2017 | M | 14,650 | D | Feb 27, 2016 | Feb 25, 2025 | Common Stock | 15,640 | 29,748 | D |
Explanation of responses
- F1These shares were sold to satisfy the reporting person's tax withholding obligation in connection with the vesting of performance shares. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $50.59 to $51.17, 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.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $50.94 to $51.00, inclusive.
- F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $50.90 to $50.95, inclusive.
- F5The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $50.90 to $50.94, inclusive.