SEC Form 4 · accession 0000899243-16-018052
FIRST DATA CORP · FDC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Frank Bisignano
Officer — Chief Executive Officer · Director
Period of report
Apr 11, 2016
Accepted (ET)
Apr 13, 2016 · 4:47 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000883980
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Class B Common StockF1,F3 | — | Apr 11, 2016 | F | 58,986 | D | — | — | Class A Common Stock | 58,986 | 2,314,275 | D |
| Class B Common StockF4,F1 | — | holding | — | — | — | — | — | Class A Common Stock | 602,599 | 602,599 | I |
Explanation of responses
- F1Shares of Class B common stock of First Data Corporation (the "Issuer") are convertible into shares of Class A common stock of the Issuer on a one-for-one basis at any time at the option of the holder with the prior written consent of the Issuer, automatically upon transfer, with certain exceptions, and upon certain other events.
- F2Represents shares withheld to pay tax obligations in connection with the vesting of restricted stock awards.
- F3Includes 788,697 shares of restricted Class B common stock of the Issuer, including 355,910 of which will vest on January 1, 2017 and 432,787 of which will vest in two equal installments on January 1, 2017 and January 1, 2018, subject to continued employment through the applicable vesting dates.
- F4Held by the Frank J. Bisignano 2015 Grantor Retained Annuity Trust.
Remarks
Mr. Bisignano disclaims beneficial ownership of the securities reported herein as indirectly beneficially owned, except to the extent of his pecuniary interest therein.