SEC Form 4 · accession 0000721683-19-000041
TOTAL SYSTEM SERVICES INC · TSS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
M Troy Woods
Officer — Chairman and CEO · Director
Period of report
Feb 13, 2019
Accepted (ET)
Feb 14, 2019 · 3:29 pm 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 StockF1 | Feb 13, 2019 | A | 19,717 | $0.00 | A | 276,706 | D | |
| Common Stock | holding | — | — | — | 39,623 | I | Family Trust | |
| Common Stock | holding | — | — | — | 2,279 | I | Spouse | |
| Common Stock | holding | — | — | — | 12,820 | I | Trust | |
| Common Stock | holding | — | — | — | 100,000 | I | Grantor retained annuity trust 4 2018 | |
| Common Stock | holding | — | — | — | 100,000 | I | Grantor retained annuity trust 12 2018 |
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)F2 | $91.93 | Feb 13, 2019 | A | 85,723 | A | Feb 13, 2019 | Feb 12, 2029 | Common Stock | 85,723 | 85,723 | D |
Explanation of responses
- F1The reporting person received an award of 19,717 restricted stock units on February 13, 2019, which vest in three equal annual installments on February 13, 2020, February 13, 2021 and February 13, 2022. Each restricted stock unit represents a right to receive one share of the Company's common stock upon vesting.
- F2These employee stock options vest in three equal annual installments on February 13, 2020, February 13, 2021 and February 13, 2022.