SEC Form 4 · accession 0000721683-17-000114
TOTAL SYSTEM SERVICES INC · TSS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Philip W Tomlinson
Director
Period of report
Aug 2, 2017
Accepted (ET)
Aug 3, 2017 · 8:17 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 | Aug 2, 2017 | M | 220,974 | $22.91 | A | 326,200 | D | |
| Common StockF1 | Aug 2, 2017 | S | 110,487 | $63.675 | D | 215,713 | D | |
| Common StockF2 | Aug 2, 2017 | S | 110,487 | $63.628 | D | 105,226 | D | |
| Common Stock | holding | — | — | — | 126,183 | I | By Spouse | |
| Common Stock | holding | — | — | — | 120,000 | I | By grantor retained annuity trust |
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)F3 | $22.91 | Aug 2, 2017 | M | 220,974 | D | Mar 29, 2013 | Mar 28, 2022 | Common Stock | 220,974 | 0 | D |
Explanation of responses
- F1The price shown in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $63.50 to $63.95, 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 shown in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $63.50 to $63.96, inclusive.
- F3These options vested and became exercisable in three equal annual installments on March 29, 2013, March 29, 2014 and March 29, 2015.