Form 4 for EVTC EVERTEC, Inc.
Accepted 2024-03-11 00:00:00 ET · period of report 2024-03-07 · accession 0001562180-24-002557 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2024-03-11 | 2024-03-07+ | EVTC | Schuessler Morgan M | Pres, CEO, Dir | S - Sale | $37.13 | -159.5K | 348.3K | -31% | -$5.92M |
| 2024-03-11 | 2024-03-07 | EVTC | Schuessler Morgan M | Pres, CEO, Dir | A - Grant | $36.92 | +125.6K | 466.5K | +37% | +$4.64M | |
| 2024-03-11 | 2024-03-07 | EVTC | Schuessler Morgan M | Pres, CEO, Dir | F - Tax | $36.92 | -18.5K | 447.9K | -4% | -$684.6K |
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 | 2024-03-07 | S | D | 400 | $37.92 | 347,941 | D | — | — | (F4) Represents the weighted average sales price per share. The shares were sold at prices ranging from $37.815 to $37.96 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. |
| 2 | Common | Common Stock | 2024-03-08 | S | D | 59,514 | $37.03 | 288,427 | D | — | — | (F5) Represents the weighted average sales price per share. The shares were sold at prices ranging from $36.83 to $37.35 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. |
| 3 | Common | Common Stock | 2024-03-07 | A | A | 125,595 | $36.92 | 466,485 | 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 March 2, 2021, and were earned based on the Issuer's achievement of an adjusted EBITDA target for 2021, subject to a total shareholder return modifier over a three-year performance period. |
| 4 | Common | Common Stock | 2024-03-07 | F | D | 18,544 | $36.92 | 447,941 | D | — | — | (F2) Reflects shares of common stock withheld by the Issuer to pay the tax liability of the Reporting Person as follows: (i) 6,009 shares withheld in connection with the vesting of RSUs granted on March 2, 2021; (ii) 5,719 shares withheld in connection with the vesting of RSUs granted on February 25, 2022; and (iii) 6,816 shares withheld in connection with the vesting of RSUs granted on February 24, 2023. |
| 5 | Common | Common Stock | 2024-03-07 | S | D | 99,600 | $37.19 | 348,341 | D | — | — | (F3) Represents the weighted average sales price per share. The shares were sold at prices ranging from $36.80 to $37.79 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. |