SEC Form 4 · accession 0001269847-16-000059
ACI WORLDWIDE, INC. · ACIW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dennis Byrnes
Officer — EVP, CAO,General Counsel & Sec
Period of report
Feb 23, 2016
Accepted (ET)
Feb 25, 2016 · 7:12 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 | 13,415 | $0.00 | A | 293,729 | 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 | 12,055 | A | — | Feb 23, 2026 | Common Stock | 12,055 | 84,388 | D |
| Non-Qualified Stock Option (right to buy)F5 | $17.89 | Feb 23, 2016 | A | 12,055 | A | — | Feb 23, 2026 | Common Stock | 12,055 | 96,443 | D |
| Non-Qualified Stock Option (right to buy)F6 | $17.89 | Feb 23, 2016 | A | 12,056 | A | — | Feb 23, 2026 | Common Stock | 12,056 | 108,499 | 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 1,281 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 in equal annual installments over a three year period beginning with the first anniversary of the date of grant.
- F4These options were granted pursuant to the Plan and will become exercisable, if at all, upon: (i) the reporting person's continued employment by the registrant as of the third anniversary of the date of grant, and (ii) subject to the reporting person's continued employment on such date, the first date, which must be on or before the fifth anniversary of the date of grant, that the closing price per share of of the registrant's common stock on the NASDAQ Global Select Stock Market ("Stock Price")has met or exceeded $23.79 for at least 20 consecutive trading days.
- F5These options were granted pursuant to the Plan and will become exercisable, if at all, upon: (i) the reporting person's continued employment by the registrant as of the fourth anniversary of the date of grant, and (ii) subject to the reporting person's continued employment on such date, the first date, which must be on or before the fifth anniversary of the date of grant, that the closing price per share of of the registrant's Stock Price has met or exceeded $29.88 for at least 20 consecutive trading days.
- F6These options were granted pursuant to the Plan and will become exercisable, if at all, upon: (i) the reporting person's continued employment by the registrant as of the fifth anniversary of the date of grant, and (ii) subject to the reporting person's continued employment on such date, the first date, which must be on or before the fifth anniversary of the date of grant, that the closing price per share of of the registrant's Stock Price has met or exceeded $35.78 for at least 20 consecutive trading days.