Form 4 for EVTC EVERTEC, Inc.

Accepted 2023-03-09 00:00:00 ET · period of report 2023-03-07 · accession 0001562180-23-002672 · 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
	2023-03-09	2023-03-07	EVTC	Schuessler Morgan M	Pres, CEO, Dir	F - Tax	$37.30	-16.6K	196.9K	-8%	-$617.9K
	2023-03-09	2023-03-07	EVTC	Schuessler Morgan M	Pres, CEO, Dir	A - Grant	$37.30	+49.8K	213.4K	+30%	+$1.86M

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2023-03-07	F	D	16,567	$37.30	196,851	D	—	—	(F2) Reflects shares of common stock withheld by the Issuer to pay the tax liability of the Reporting Person as follows: (i) 4,839 shares withheld in connection with the vesting of RSUs granted on February 27, 2020; (ii) 6,009 shares withheld in connection with the vesting of RSUs granted on March 2, 2021; and (iii) 5,719 shares withheld in connection with the vesting of RSUs granted on February 25, 2022.
2	Common	Common Stock	2023-03-07	A	A	49,818	$37.30	213,418	D	—	—	(F1) Represents shares of fully vested stock issued as a result of the vesting of performance-based restricted stock units ("RSUs") which were originally granted on February 27, 2020, and were earned based on the Issuer's achievement of an adjusted EBITDA target for 2020, subject to a total shareholder return modifier over a three-year performance period.