SEC Form 4 · accession 0001269847-15-000039
ACI WORLDWIDE, INC. · ACIW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Apratim Purakayastha
Officer — EVP UP Solutions
Period of report
Jun 9, 2015
Accepted (ET)
Jun 11, 2015 · 6:30 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000935036
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jun 9, 2015 | A | 2,746 | $0.00 | A | 15,756 | D | |
| Common StockF2 | Jun 9, 2015 | A | 5,490 | $0.00 | A | 21,246 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These performance-based restricted shares were granted pursuant to the Company's 2005 Equity and Performance Incentive Plan, as amended (the "Plan"). The reported number of performance-based restricted shares represents the number of on-target shares for the 2015 Performance Period. The vesting percentage may be greater or less than 100% of the on-target shares based on the Company's 2015 EBITDA performance. These performance-based restricted shares will vest, if at all, upon: (i) the reporting person's continued employment by the registrant, and (ii) subject to the reporting person's continued employment on such date, the Company achieving certain 2015 EBITDA performance objectives.
- F2These performance-based restricted shares were granted pursuant to the Plan. The reported number of performance-based restricted shares represents the number of on-target shares for the 2016 Performance Period. The vesting percentage may be greater or less than 100% of the on-target shares based on the Company's 2016 EBITDA performance. These performance-based restricted shares will vest, if at all, upon: (i) the reporting person's continued employment by the registrant, and (ii) subject to the reporting person's continued employment on such date, the Company achieving certain 2016 EBITDA performance objectives.