SEC Form 4 · accession 0001269847-16-000089
ACI WORLDWIDE, INC. · ACIW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott W Behrens
Officer — SEVP, CFO & CAO
Period of report
Sep 30, 2016
Accepted (ET)
Oct 4, 2016 · 4:54 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 Stock | Sep 30, 2016 | M | 45,000 | $11.1533 | A | 271,554 | D | |
| Common StockF1 | Sep 30, 2016 | S | 35,555 | $19.2235 | D | 235,999 | 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)F2 | $11.1533 | Sep 30, 2016 | M | 45,000 | D | — | Jun 27, 2017 | Common Stock | 45,000 | 0 | D |
Explanation of responses
- F1The sale price ranged from $18.89 to $19.355, with a weighted average sale price of $19.223452. 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.
- F2The options were granted pursuant to the ACI Worldwide, Inc. 2005 Equity and Performance Incentive Plan, as amended. The shares identified herein were sold under Mr. Behrens' Rule 10b5-1 plan dated August 12, 2016. Such shares were sold pursuant to the cashless exercise of options granted to Mr. Behrens on June 27, 2007, which would otherwise expire in accordance with their terms on June 27, 2017.