SEC Form 4 · accession 0001269847-16-000065

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

May 9, 2016

Accepted (ET)

May 11, 2016 · 7:30 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
Common Stock^F1	May 9, 2016	M	30,956	$8.8767	A	1,415,359	D
Common Stock^F2	May 9, 2016	S	30,956	$20.1908	D	1,384,403	D
Common Stock	May 10, 2016	M	73,864	$8.8767	A	1,458,267	D
Common Stock^F3	May 10, 2016	S	73,864	$20.2778	D	1,384,403	D
Common Stock	May 11, 2016	M	26,850	$8.8767	A	1,411,253	D
Common Stock^F4	May 11, 2016	S	26,850	$20.2415	D	1,384,403	D
Common Stock	May 11, 2016	M	61,151	$9.6467	A	1,445,554	D
Common Stock^F5	May 11, 2016	S	61,151	$20.1987	D	1,384,403	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)^F6	$8.8767	May 9, 2016	M	30,956	D	—	Dec 1, 2020	Common Stock	30,956	100,714	D
Non-Qualified Stock Option (right to buy)^F6	$8.8767	May 10, 2016	M	73,864	D	—	Dec 1, 2020	Common Stock	73,864	26,850	D
Non-Qualified Stock Option (right to buy)^F6	$8.8767	May 11, 2016	M	26,850	D	—	Dec 1, 2020	Common Stock	26,850	0	D
Non-Qualified Stock Option (right to buy)^F6	$9.6467	May 11, 2016	M	61,151	D	—	Dec 8, 2021	Common Stock	61,151	100,003	D

Explanation of responses

F1The amount of securities owned has been updated to include 534 shares acquired under the Company's 1999 Employee Stock Purchase Plan, as amended.
F2The sale price ranged from $20.12 to $20.295, with a weighted average sale price of $20.19082. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F3The sale price ranged from $20.04 to $20.40, with a weighted average sale price of $20.27775. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F4The sale price ranged from $20.09 to $20.46, with a weighted average sale price of $20.241502. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F5The sale price ranged from $20.08 to $20.33, with a weighted average sale price of $20.198715. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F6The options were granted pursuant to the ACI Worldwide, Inc. 2005 Equity and Performance Incentive Plan, as amended.

Remarks

The shares identified herein were sold pursuant to the cashless exercise of options granted to Mr. Heasley on December 1, 2010 and December 8, 2011, the proceeds of which are intended to satisfy certain tax obligations. As of the date of this report, Mr. Heasley's beneficial ownership of the securities reported herein is 2,127,222 shares, consisting of 742,819 shares subject to currently exercisable options with a weighted average exercise price of $13.59 and 1,384,403 shares directly owned.