SEC Form 4 · accession 0000721683-18-000089
TOTAL SYSTEM SERVICES INC · TSS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Patricia A Watson
Officer — Senior EVP and CIO
Period of report
May 4, 2018
Accepted (ET)
May 7, 2018 · 10:15 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 | May 4, 2018 | M | 4,561 | $46.31 | A | 30,213 | D | |
| Common StockF1 | May 4, 2018 | S | 4,561 | $85.363 | D | 25,652 | D | |
| Commo Stock | May 4, 2018 | M | 4,561 | $46.31 | A | 30,213 | D | |
| Common StockF2 | May 4, 2018 | S | 4,561 | $85.347 | D | 25,652 | D | |
| Common Stock | May 4, 2018 | M | 6,210 | $44.48 | A | 31,862 | D | |
| Common StockF3 | May 4, 2018 | S | 6,210 | $85.356 | D | 25,652 | D |
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)F4 | $46.31 | May 4, 2018 | M | 9,122 | D | Feb 27, 2016 | Feb 26, 2025 | Common Stock | 9,122 | 0 | D |
| Employee Stock Option (right to buy) | $44.48 | May 4, 2018 | M | 6,210 | D | Feb 26, 2017 | Feb 25, 2026 | Common Stock | 6,210 | 16,059 | 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 $85.36 to $85.38, 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 $85.34 to $85.36, inclusive.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $85.35 to $85.36, inclusive.
- F4These employee stock options were part of an award that vested in three equal annual installments on February 27, 2016, February 27, 2017 and February 27, 2018.