SEC Form 4 · accession 0000721683-18-000059
TOTAL SYSTEM SERVICES INC · TSS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dorenda K Weaver
Officer — EVP & Chief Accounting Officer
Period of report
Mar 12, 2018
Accepted (ET)
Mar 13, 2018 · 10:05 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 | Mar 12, 2018 | M | 5,602 | $30.83 | A | 54,969 | D | |
| Common StockF1 | Mar 12, 2018 | S | 5,602 | $90.185 | D | 49,367 | D | |
| Common Stock | Mar 12, 2018 | M | 11,184 | $38.20 | A | 60,551 | D | |
| Common StockF2 | Mar 12, 2018 | S | 11,184 | $90.049 | D | 49,367 | D | |
| Common Stock | Mar 12, 2018 | M | 7,374 | $44.48 | A | 56,741 | D | |
| Common StockF3 | Mar 12, 2018 | S | 7,374 | $90.148 | D | 49,367 | D | |
| Common Stock | holding | — | — | — | 11,767 | I | By Spouse | |
| Common Stock | holding | — | — | — | 757 | I | Child |
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) | $30.83 | Mar 12, 2018 | M | 5,602 | D | Mar 18, 2017 | Mar 17, 2024 | Common Stock | 5,602 | 0 | D |
| Employee Stock Options (Right to Buy)F4 | $38.20 | Mar 12, 2018 | M | 11,184 | D | Feb 27, 2016 | Feb 26, 2025 | Common Stock | 11,184 | 0 | D |
| Employee Stock Options (Right to Buy)F5 | $44.48 | Mar 12, 2018 | M | 7,374 | D | Feb 26, 2017 | Feb 25, 2026 | Common Stock | 7,374 | 3,632 | 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 $90.13 to $90.23, 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 and 3 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 $90.00 to $90.16, inclusive.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $90.07 to $90.19, inclusive.
- F4These options vested and became exercisable in three equal annual installments on February 27, 2016, February 27, 2017 and February 27, 2018.
- F5These options are a portion of an option award that, under the terms of the award, were to vest and become exercisable in three equal annual installments on February 26, 2017, February 26, 2018 and February 26, 2019.