4//SEC Filing
Sterrett Kelli 4
Accession 0000899243-23-009847
CIK 0001704596other
Filed
Mar 27, 8:00 PM ET
Accepted
Mar 28, 9:03 PM ET
Size
24.5 KB
Accession
0000899243-23-009847
Insider Transaction Report
Form 4
Sterrett Kelli
EVP, GC and Secretary
Transactions
- Disposition to Issuer
Restricted Stock Units
2023-03-24−1,035→ 0 total→ Class A Common Stock (1,035 underlying) - Disposition to Issuer
Restricted Stock Units
2023-03-24−2,701→ 0 total→ Class A Common Stock (2,701 underlying) - Disposition to Issuer
Options (right to buy)
2023-03-24−3,226→ 0 totalExercise: $25.28Exp: 2030-02-28→ Class A Common Stock (3,226 underlying) - Disposition to Issuer
Restricted Stock Units
2023-03-24−17,124→ 0 total→ Class A Common Stock (17,124 underlying) - Disposition to Issuer
Class A Common Stock
2023-03-24−28,158→ 0 total - Disposition to Issuer
Restricted Stock Units
2023-03-24−14,423→ 0 total→ Class A Common Stock (14,423 underlying) - Disposition to Issuer
Performance Stock Units
2023-03-24−10,817→ 0 total→ Class A Common Stock (10,817 underlying) - Disposition to Issuer
Performance Stock Units
2023-03-24−13,485→ 0 total→ Class A Common Stock (13,485 underlying) - Disposition to Issuer
Options (right to buy)
2023-03-24−7,126→ 0 totalExercise: $25.46Exp: 2031-02-26→ Class A Common Stock (7,126 underlying)
Footnotes (8)
- [F1]As of the Transaction Date and pursuant to a merger agreement between the Issuer and Global Payments Inc. (the "Merger Agreement"), RSUs were canceled in exchange for a total cash payment of $1,199,622.00, representing the number of shares multiplied by the applicable consideration amount required in the Merger Agreement. The cash payment includes $35,190.00 for 1,035 units (which would have vested on the fourth anniversary of 2/28/2020), $91,834.00 for 2,701 units, $582,216.00 for 17,124 units, and $490,382.00 for 14,423 units. Vested shares were also canceled and provided consideration pursuant to the Merger Agreement.
- [F2]As of the Transaction Date and pursuant to the Merger Agreement, PSUs were canceled in exchange for a total cash payment of $826,268.00, representing the number of shares multiplied by the applicable consideration amount required in the Merger Agreement. The cash payment includes $458,490.00 for 13,485 units and $367,778.00 for 10,817 units.
- [F3]Upon vesting, restricted stock units and performance stock units convert to shares of Issuer common stock on a one-for-one basis.
- [F4]The RSU grant provided for ratable vesting of 2,701 units on the third and fourth anniversary of 2/24/2025, 17,124 units on the third and fourth anniversary of 7/30/2021, and 14,423 units on the second and third anniversary of 2/24/2022.
- [F5]The PSU grant provided for vesting of 13,485 units on 2/24/2025, subject to satisfying additional performance conditions.
- [F6]The PSU grant provided for vesting of 10,817 units on 3/31/2025, subject to satisfying additional performance conditions.
- [F7]The options grant provided for vesting of 3,226 units on the fourth anniversary of 2/28/2020 and 7,126 units on the fourth anniversary of 2/26/2021.
- [F8]As of the Transaction Date and pursuant to the Merger Agreement, option rights were canceled in exchange for a total cash payment of $88,986.76, representing the number of shares multiplied by the applicable consideration amount required in the Merger Agreement. The cash payment includes $28,130.72 for 3,226 units and $60,856.04 for 7,126 units.
Documents
Issuer
EVO Payments, Inc.
CIK 0001704596
Entity typeother
Related Parties
1- filerCIK 0001876169
Filing Metadata
- Form type
- 4
- Filed
- Mar 27, 8:00 PM ET
- Accepted
- Mar 28, 9:03 PM ET
- Size
- 24.5 KB