SEC Form 4 · accession 0001269847-16-000057
ACI WORLDWIDE, INC. · ACIW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Philip G Heasley
Officer — CEO and President · Director
Period of report
Feb 23, 2016
Accepted (ET)
Feb 25, 2016 · 7:06 pm EST
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 | Feb 23, 2016 | A | 30,128 | $0.00 | A | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F3 | $17.89 | Feb 23, 2016 | A | 72,333 | A | — | Feb 23, 2026 | Common Stock | 72,333 | 72,333 | D |
| Non-Qualified Stock Option (right to buy)F4 | $17.89 | Feb 23, 2016 | A | 289,331 | A | — | Feb 23, 2026 | Common Stock | 289,331 | 361,664 | D |
Explanation of responses
- F1Represents restricted shares granted on February 23, 2016 pursuant to the Company's 2005 Equity and Performance Incentive Plan, as amended. The restrictions on these shares of restricted stock will generally lapse with respect to 50% of the shares on July 1, 2016 and 50% of the shares on July 1, 2017.
- F2The amount of securities owned has also been updated to include 837 shares acquired under the Company's 1999 Employee Stock Purchase Plan, as amended.
- F3The options were granted pursuant to the Company's 2005 Equity and Performance Incentive Plan, as amended. The options vest on the fifth anniversary of the date of grant. In the event the reporting person retires from the Company after January 7, 2019, the options will continue to vest in accordance with the applicable vesting schedule and remain exercisable until the tenth anniversary of the date of grant.
- F4The options were granted pursuant to the Company's 2005 Equity and Performance Incentive Plan, as amended. The options vest in equal annual installments over a three-year period beginning with the first anniversary of the date of grant. In the event the reporting person retires from the Company after January 7, 2019, the options will continue to vest in accordance with the applicable vesting schedule and remain exercisable until the tenth anniversary of the date of grant.