SEC Form 4 · accession 0000721683-18-000055
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
Feb 23, 2018
Accepted (ET)
Feb 26, 2018 · 9:09 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 23, 2018 | M | 234,759 | $24.44 | A | 331,250 | D | |
| Common StockF1 | Feb 23, 2018 | S | 117,379 | $88.489 | D | 213,871 | D | |
| Common StockF2 | Feb 23, 2018 | S | 117,380 | $88.49 | D | 96,491 | D | |
| Common Stock | holding | — | — | — | 40,067 | I | By Spouse | |
| Common Stock | holding | — | — | — | 88,735 | 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 | $24.44 | Feb 23, 2018 | M | 234,759 | D | Apr 1, 2014 | Mar 31, 2023 | Common Stock | 234,759 | 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 $88.05 to $88.82, 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 $88.06 to $88.87, inclusive.
- F3These options vested and became exercisable in three equal annual installments on April 1, 2014, April 1, 2015 and April 1, 2016.