Form 4 for EVTC EVERTEC, Inc.
Accepted 2022-03-10 00:00:00 ET · period of report 2022-03-08 · accession 0001562180-22-002528 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022-03-10 | 2022-03-08 | EVTC | Schuessler Morgan M | Pres, CEO, Dir | A - Grant | $39.29 | +57.4K | 255.8K | +29% | +$2.25M | |
| 2022-03-10 | 2022-03-08 | EVTC | Schuessler Morgan M | Pres, CEO, Dir | F - Tax | $39.29 | -15.1K | 198.4K | -7% | -$591.8K | |
| M | 2022-03-10 | 2022-03-08+ | EVTC | Schuessler Morgan M | Pres, CEO, Dir | S - Sale | $37.89 | -150.0K | 180.3K | -45% | -$5.68M |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-03-08 | A | A | 57,386 | $39.29 | 255,753 | D | — | — | (F2) Represents shares of fully-vested stock issued as a result of the vesting of performance-based RSUs which were originally granted on February 22, 2019 and were earned based on the Issuer's achievement of an adjusted EBITDA target for 2019, subject to a total shareholder return modifier over a three-year performance period. |
| 2 | Common | Common Stock | 2022-03-08 | F | D | 15,063 | $39.29 | 198,367 | D | — | — | (F1) Reflects shares of common stock withheld by the Issuer to pay the tax liability of the Reporting Person as follows: (i) 4,215 shares withheld in connection with the vesting of restricted stock units ("RSUs") granted on February 22, 2019; (ii) 4,839 shares withheld in connection with the vesting of RSUs granted on February 27, 2020; and (iii) 6,009 shares withheld in connection with the vesting of RSUs granted on March 2, 2021. |
| 3 | Common | Common Stock | 2022-03-08 | S | D | 46,021 | $37.85 | 209,732 | D | — | — | (F4) Represents the weighted average sales price per share. The shares were sold at prices ranging from $37.42 to $38.41 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer. |
| 4 | Common | Common Stock | 2022-03-10 | S | D | 74,586 | $37.65 | 105,753 | D | — | — | (F8) Represents the weighted average sales price per share. The shares were sold at prices ranging from $37.50 to $38.00 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer. |
| 5 | Common | Common Stock | 2022-03-08 | S | D | 1,056 | $38.51 | 208,676 | D | — | — | (F5) Represents the weighted average sales price per share. The shares were sold at prices ranging from $38.42 to $38.56 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer. |
| 6 | Common | Common Stock | 2022-03-09 | S | D | 10,309 | $38.43 | 198,367 | D | — | — | (F6) Represents the weighted average sales price per share. The shares were sold at prices ranging from $37.98 to $38.71 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer. |
| 7 | Common | Common Stock | 2022-03-09 | S | D | 18,028 | $38.63 | 180,339 | D | — | — | (F7) Represents the weighted average sales price per share. The shares were sold at prices ranging from $38.53 to $38.86 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer. |