SEC Form 4 · accession 0000721683-18-000039
TOTAL SYSTEM SERVICES INC · TSS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
M Troy Woods
Officer — Chairman and CEO · Director
Period of report
Feb 12, 2018
Accepted (ET)
Feb 13, 2018 · 3:48 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 Stock | Feb 12, 2018 | M | 37,865 | $24.44 | A | 406,986 | D | |
| Common StockF1 | Feb 12, 2018 | S | 18,933 | $83.793 | D | 388,053 | D | |
| Common StockF2 | Feb 12, 2018 | S | 18,932 | $83.624 | D | 369,121 | D | |
| Common Stock | Feb 12, 2018 | M | 127,901 | $30.83 | A | 497,022 | D | |
| Common StockF3 | Feb 12, 2018 | S | 63,951 | $83.856 | D | 433,071 | D | |
| Common StockF4 | Feb 12, 2018 | S | 63,950 | $83.876 | D | 369,121 | D | |
| Common Stock | Feb 12, 2018 | M | 47,290 | $31.96 | A | 416,411 | D | |
| Common StockF5 | Feb 12, 2018 | S | 23,645 | $83.70 | D | 392,766 | D | |
| Common StockF6 | Feb 12, 2018 | S | 23,645 | $83.826 | D | 369,121 | D | |
| Common Stock | holding | — | — | — | 2,279 | I | By Spouse | |
| Common Stock | holding | — | — | — | 70,333 | I | By Grantor Retained Annuity Trust | |
| Common Stock | holding | — | — | — | 12,820 | I | By 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 Options (right to buy)F7 | $24.44 | Feb 12, 2018 | M | 37,865 | D | Apr 1, 2016 | Mar 31, 2023 | Common Stock | 37,865 | 0 | D |
| Employee Stock Options (right to buy)F8 | $30.83 | Feb 12, 2018 | M | 127,901 | D | Mar 18, 2017 | Mar 17, 2024 | Common Stock | 127,901 | 0 | D |
| Employee Stock Options (right to buy)F9 | $31.96 | Feb 12, 2018 | M | 47,290 | D | Aug 1, 2017 | Jul 31, 2024 | Common Stock | 47,290 | 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 $83.45 to $84.00, 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, 2, 3, 4, 5 and 6 to this Form 4.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $83.54 to $83.74, inclusive.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $83.65 to $84.02, inclusive.
- F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $83.79 to $83.90, inclusive.
- F5The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $83.62 to $83.81, inclusive.
- F6The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $83.72 to $83.92, inclusive.
- F7These options are the remaining options originally granted on April 1, 2013 that vested and became exercisable in three equal annual installments on April 1, 2014, April 1, 2015 and April 1, 2016.
- F8These options vested and became exercisable in three equal annual installments on March 18, 2015, March 18, 2016 and March 18, 2017.
- F9These options vested and became exercisable in three equal annual installments on August 1, 2015, August 1, 2016 and August 1, 2017.