SEC Form 4 · accession 0001269847-17-000001
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
Feb 21, 2017
Accepted (ET)
Feb 23, 2017 · 5:20 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 | Feb 21, 2017 | D | 11,062 | $20.12 | D | 224,937 | D | |
| Common StockF2 | Feb 21, 2017 | D | 460 | $0.00 | D | 224,477 | 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 | $20.12 | Feb 21, 2017 | A | 64,000 | A | — | Feb 21, 2027 | Common Stock | 64,000 | 64,000 | D |
Explanation of responses
- F1Represents shares surrendered by the reporting person to pay the tax liability due upon the vesting of their performance-based restricted stock award granted on September 15, 2015.
- F2The performance-based restricted stock referred to in footnote 1 was earned at 98%. These shares reflect the remaining 2% of the unearned shares.
- F3The options were granted pursuant to the ACI Worldwide, Inc. 2016 Equity and Performance Incentive Plan.