SEC Form 4 · accession 0001209191-17-044634
FIRST DATA CORP · FDC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeff Shanahan
Officer — Executive Vice President
Period of report
Jul 6, 2017
Accepted (ET)
Jul 10, 2017 · 5:16 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000883980
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Jul 6, 2017 | A | 1,003,903 | $0.00 | A | 1,003,903 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents a grant of restricted shares of Class A common stock, of which, subject to the reporting person's continued employment through each applicable vesting date, 808,700 will vest over time, with one fourth of such amount vesting on each of July 6, 2018, 2019, 2020, and 2021, and 195,203 will vest upon the achievement of the following for CardConnect, Ignite Payments, and other related businesses of First Data Corporation: (i) 12% organic revenue growth and 20% adjusted EBITDA growth for fourth quarter fiscal year 2018 verses fourth quarter fiscal year 2017 and (ii) 12% organic revenue growth and 20% adjusted EBITDA growth for fiscal year 2019 verses fiscal year 2018.