SEC Form 4 · accession 0000721683-18-000041
TOTAL SYSTEM SERVICES INC · TSS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
G Sanders Griffith III
Officer — Sr. EVP, Gen. Counsel, Sec.
Period of report
Feb 14, 2018
Accepted (ET)
Feb 16, 2018 · 10:15 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 Stock | Feb 14, 2018 | M | 41,836 | $30.83 | A | 221,907 | D | |
| Common StockF1 | Feb 14, 2018 | S | 20,918 | $84.64 | D | 200,989 | D | |
| Common StockF2 | Feb 14, 2018 | S | 20,918 | $84.752 | D | 180,071 | D | |
| Common Stock | Feb 15, 2018 | M | 25,020 | $38.20 | A | 205,091 | D | |
| Common StockF3 | Feb 15, 2018 | S | 12,510 | $84.656 | D | 192,581 | D | |
| Common StockF4 | Feb 15, 2018 | S | 12,510 | $85.195 | D | 180,071 | D | |
| Common Stock | holding | — | — | — | 1,683 | I | By Spouse |
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)F5 | $30.83 | Feb 14, 2018 | M | 41,836 | D | Mar 18, 2015 | Mar 17, 2024 | Common Stock | 41,836 | 0 | D |
| Employee Stock Options (right to buy)F6 | $38.20 | Feb 15, 2018 | M | 25,020 | D | Feb 27, 2016 | Feb 16, 2025 | Common Stock | 25,020 | 12,326 | 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 $84.56 to $84.74, 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 and 4 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 $84.70 to $84.82, inclusive.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $84.50 to $85.33, inclusive.
- F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $85.00 to $85.33, inclusive.
- F5These options are the remaining options originally granted on March 18, 2014 that vested and became exercisable in three equal annual installments on March 18, 2015, March 18, 2016 and March 18, 2017.
- F6These options include the first and second tranches of options originally granted on February 27, 2015 that vested and became exercisable in three equal annual installments on February 27, 2016, February 27, 2017 and February 27, 2018.