SEC Form 4 · accession 0000899243-16-018066
FIRST DATA CORP · FDC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Guy Chiarello
Officer — President
Period of report
Apr 11, 2016
Accepted (ET)
Apr 13, 2016 · 4:54 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 | 26,357 | D | — | — | Class A Common Stock | 26,357 | 909,105 | D |
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 397,433 shares of restricted Class B common stock of the Issuer, including 207,614 of which will vest on January 1, 2017 and 189,819 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. Mr. Chiarello's Form 3 filing omitted that 207,614 shares of his Class B common stock is scheduled to vest on January 1, 2017.