SEC Form 4 · accession 0001209191-18-061273
FIRST DATA CORP · FDC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Gibbons
Officer — Executive Vice President
Period of report
Dec 3, 2018
Accepted (ET)
Dec 6, 2018 · 4:31 pm EST
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 | Dec 3, 2018 | A | 311,203 | $0.00 | A | 311,203 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (right to buy)F2 | $19.28 | Dec 3, 2018 | A | 344,732 | A | — | Dec 3, 2028 | Class A Common Stock | 344,732 | 344,732 | D |
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, 181,535 will vest 20% on November 15, 2019, 40% on November 15, 2020, and 40% on November 15, 2021, 64,834 will vest on February 15, 2020 upon satisfaction of certain performance criteria, and 64,834 will vest on February 15, 2021 upon satisfaction of certain performance criteria.
- F2Represents a grant of stock options which, subject to the reporting person's continued employment through each applicable vesting date, will vest in equal annual installments on each of the first three anniversaries of November 15, 2018.