SEC Form 4 · accession 0000721683-18-000098
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
Aug 6, 2018
Accepted (ET)
Aug 7, 2018 · 4:19 pm 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 | Aug 6, 2018 | M | 5,091 | $44.48 | A | 30,743 | D | |
| Common Stock | Aug 6, 2018 | S | 5,091 | $93.395 | D | 25,652 | D | |
| Common Stock | Aug 6, 2018 | M | 10,241 | $54.47 | A | 35,893 | D | |
| Common StockF1 | Aug 6, 2018 | S | 10,241 | $93.257 | 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)F2 | $44.48 | Aug 6, 2018 | M | 5,091 | D | Feb 26, 2017 | Feb 25, 2026 | Common Stock | 5,091 | 10,968 | D |
| Employee Stock Option (right to buy)F3 | $54.47 | Aug 6, 2018 | M | 10,241 | D | Feb 17, 2018 | Feb 16, 2027 | Common Stock | 10,241 | 20,793 | 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 $93.22 to $93.42, 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 range.
- F2These employee stock options were a portion of an option award granted on February 26, 2016 with vesting in three equal annual installments on February 26, 2017, February 26, 2018 and February 26, 2020.
- F3These employee stock options were a portion of an option award granted on February 17, 2017 with vesting in three equal annual installments on February 17, 2018, February 17, 2019 and February 17, 2020.