SEC Form 4 · accession 0001269847-18-000006
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 20, 2018
Accepted (ET)
Feb 22, 2018 · 5:02 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000935036
Table I — non-derivative securities
No Table I lines on this filing.
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)F1 | $23.36 | Feb 20, 2018 | A | 170,455 | A | — | Feb 20, 2028 | Common Stock | 170,455 | 170,455 | D |
Explanation of responses
- F1The options were granted pursuant to the Company's Equity and Performance Incentive Plan. 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. As of the date of this report, Mr. Heasley's beneficial ownership of the securities reported herein is 2,177,115 shares, consisting of 838,704 shares subject to currently exercisable options with a weighted average exercise price of $17.21 and 1,338,411 shares directly owned.