SEC Form 4 · accession 0000721683-19-000043
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
Mar 11, 2019
Accepted (ET)
Mar 12, 2019 · 4:39 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 StockF1 | Mar 11, 2019 | S | 16,000 | $93.808 | D | 23,450 | D | |
| Common Stock | Mar 11, 2019 | M | 10,968 | $44.48 | A | 34,418 | D | |
| Common StockF2 | Mar 11, 2019 | S | 10,968 | $93.779 | D | 23,450 | D | |
| Common Stock | Mar 11, 2019 | M | 10,551 | $54.47 | A | 34,001 | D | |
| Common StockF3 | Mar 11, 2019 | S | 10,551 | $93.771 | D | 23,450 | 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 options (right to buy)F4 | $44.48 | Mar 11, 2019 | M | 10,968 | D | Feb 26, 2019 | Feb 25, 2026 | Common Stock | 10,968 | 0 | D |
| Employee stock options (right to buy)F5 | $54.47 | Mar 11, 2019 | M | 10,551 | D | Feb 17, 2019 | Feb 16, 2027 | Common Stock | 10,551 | 10,242 | 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 $93.76 to $93.85, 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 with 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 $$93.74 to $93.81, inclusive.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $93.75 to $93.81, inclusive.
- F4These options were the third tranche of options originally granted on February 26, 2016 that vested and became exercisable in three equal annual installments on February 26, 2017, February 26, 2018 and February 26, 2019.
- F5These options were the second tranche of options originally granted on February 17, 2017 that vested and became exercisable in three equal annual installments on February 17, 2018, February 17, 2019 and February 17, 2020.