4//SEC Filing
SMITH RICHARD A 4
Accession 0000914062-19-000090
CIK 0000721683other
Filed
Sep 17, 8:00 PM ET
Accepted
Sep 18, 10:09 AM ET
Size
7.5 KB
Accession
0000914062-19-000090
Insider Transaction Report
Form 4
SMITH RICHARD A
Director
Transactions
- Disposition to Issuer
Director Stock Option (right to buy
2019-09-17−3,692→ 0 totalExercise: $83.12Exp: 2028-04-26→ Common Stock (3,692 underlying) - Disposition to Issuer
Common Stock
2019-09-17−3,149→ 0 total
Footnotes (2)
- [F1]These shares were disposed of pursuant to the Merger Agreement in exchange for shares of Global Payments Inc. ("Global Payments") common stock, at a rate of .8101 shares of Global Payments common stock for each share of the Company. The closing price of Global Payments common stock on the New York Stock Exchange on the Effective Date was $163.74 per share.
- [F2]These options, which were fully vested, were assumed by Global Payments pursuant to the Merger Agreement, on the Effective date, and replaced with Global Payments options with the same terms, provided that the number of shares of Global Payments common stock subject to each new option will be equal to the original number of shares of Company common stock subject to the option multiplied by .8101, rounded down to the nearest whole share, and the exercise price per share of each new option will be equal to the original exercise price divided by .8101, rounded up to the nearest cent.
Documents
Issuer
TOTAL SYSTEM SERVICES INC
CIK 0000721683
Entity typeother
Related Parties
1- filerCIK 0000940274
Filing Metadata
- Form type
- 4
- Filed
- Sep 17, 8:00 PM ET
- Accepted
- Sep 18, 10:09 AM ET
- Size
- 7.5 KB