SEC Form 4 · accession 0001269847-15-000040
ACI WORLDWIDE, INC. · ACIW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Anthony M Scotto Jr.
Officer — Sr EVP Technology
Period of report
Jun 9, 2015
Accepted (ET)
Jun 11, 2015 · 6:33 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,F2 | Jun 9, 2015 | A | 10,838 | $0.00 | A | 117,135 | D | |
| Common StockF3 | Jun 9, 2015 | A | 21,676 | $0.00 | A | 138,811 | 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.
- F2The amount of securities owned has also been updated to include 402 shares acquired under the Company's 1999 Employee Stock Purchase Plan, as amended.
- F3These 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.