SEC Form 4 · accession 0000721683-18-000013
TOTAL SYSTEM SERVICES INC · TSS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard W Ussery
Director
Period of report
Jan 26, 2018
Accepted (ET)
Jan 29, 2018 · 1:34 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 StockF2 | Jan 26, 2018 | M | 7,546 | $40.98 | A | 231,575 | D | |
| Common StockF1,F2 | Jan 26, 2018 | S | 7,546 | $88.293 | D | 224,029 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Director Stock Option (right to buy) | $40.98 | Jan 26, 2018 | M | 7,546 | D | May 11, 2015 | May 10, 2025 | Common Stock | 7,546 | 0 | 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 $88.14 to $88.76, inclusive. The reporting person udertakes to provide to the issuer, any security holder of the issuer or the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.
- F2Since the reporting person's last Form 4 report, 8,664 shares of common stock have been distributed to him from his grantor retained annuity trust and are included in the total number of shares reported in this Form 4 as directly owned.