SEC Form 4 · accession 0001269847-19-000005
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 28, 2019
Accepted (ET)
Mar 4, 2019 · 5:29 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 28, 2019 | M | 144,643 | $14.27 | A | 1,441,533 | D | |
| Common StockF2 | Feb 28, 2019 | S | 144,643 | $32.2798 | D | 1,296,890 | D | |
| Common StockF1 | Mar 1, 2019 | M | 21,929 | $14.27 | A | 1,318,819 | D | |
| Common StockF3,F4 | Mar 1, 2019 | S | 21,929 | $32.2702 | D | 1,296,890 | 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)F5 | $14.27 | Feb 28, 2019 | M | 144,643 | D | — | Dec 3, 2022 | Common Stock | 144,643 | 21,929 | D |
| Non-Qualified Stock Option (right to buy)F5 | $14.27 | Mar 1, 2019 | M | 21,929 | D | — | Dec 3, 2022 | Common Stock | 21,929 | 0 | D |
Explanation of responses
- F1The shares identified herein were sold under Mr. Heasley's Rule 10b5-1 plan dated March 12, 2018. Such shares were sold pursuant to the cashless exercise of options granted to Mr. Heasley on December 3, 2012. As of the date of this report, Mr. Heasley's beneficial ownership of the securities reported herein is 2,204,061 shares, consisting of 1,296,890 shares directly owned and 907,171 shares subject to currently exercisable options with a weighted average exercise price of $19.382836.
- F2The sale price ranged from $32.27 to $32.45, with a weighted average sale price of $32.279805. 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 $32.27 to $32.30, with a weighted average sale price of $32.270198. 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 amount of securities owned has also been updated to include 358 shares acquired under the Company's Employee Stock Purchase Plan.
- F5The options were granted pursuant to the ACI Worldwide, Inc. 2005 Equity and Performance Incentive Plan.