4//SEC Filing
Clarke Ronald 4
Accession 0000950170-24-127180
CIK 0001175454other
Filed
Nov 13, 7:00 PM ET
Accepted
Nov 14, 5:05 PM ET
Size
21.3 KB
Accession
0000950170-24-127180
Insider Transaction Report
Form 4
CORPAY, INC.CPAY
Clarke Ronald
DirectorCEO & President
Transactions
- Exercise/Conversion
Common Stock
2024-11-12$149.68/sh+220,000$32,929,600→ 2,258,632 total - Tax Payment
Common Stock
2024-11-12$374.48/sh−147,020$55,056,050→ 2,111,612 total - Exercise/Conversion
Common Stock
2024-11-12$261.27/sh+550,000$143,698,500→ 2,661,612 total - Tax Payment
Common Stock
2024-11-12$374.48/sh−458,118$171,556,029→ 2,203,494 total - Exercise/Conversion
Common Stock
2024-11-13$114.90/sh+75,000$8,617,500→ 2,278,494 total - Tax Payment
Common Stock
2024-11-13$370.77/sh−46,398$17,202,986→ 2,232,096 total - Disposition to Issuer
Stock Options Holding
2024-10-23$261.27/sh−300,000$78,381,000→ 550,000 totalExercise: $261.27Exp: 2024-12-31→ Common Stock (850,000 underlying) - Exercise/Conversion
Stock Options Holding
2024-11-12$261.27/sh−550,000$143,698,500→ 0 totalExercise: $261.27Exp: 2024-12-31→ Common Stock (850,000 underlying) - Exercise/Conversion
Stock Options Holding
2024-11-12$149.68/sh−220,000$32,929,600→ 0 totalExercise: $149.68From: 2015-12-04Exp: 2024-12-04→ Common Stock (850,000 underlying) - Exercise/Conversion
Stock Options Holding
2024-11-13$114.90/sh−75,000$8,617,500→ 250,000 totalExercise: $114.90From: 2017-01-20Exp: 2026-01-20→ Common Stock (425,000 underlying)
Holdings
- 2,232,096
Common Stock
Footnotes (2)
- [F1]Payment of tax liability and exercise price by withholding securities incident to the exercise of a security issued in accordance with Rule 16b-3
- [F2]In 2021, the Reporting Person was granted performance stock options to purchase 850,000 shares of Issuer common stock with an exercise price of $261.27. The performance options would vest only if Issuer achieved specific stock price hurdles for ten consecutive trading days not later than December 31, 2024. The stock price hurdle for 550,000 shares subject to the award was $350, and the stock price hurdle for the remainder of the award was $400. On October 23, 2024, the Issuer agreed to cancel 300,000 stock options under the second tranche and modify the criterion for 550,000 shares under the first tranche of the performance option award to require that the Issuer achieve a closing stock price at or above $350 for at least 3 trading days by December 31, 2024. This criterion for 550,000 performance shares was achieved as of 10/23/2024.
Documents
Issuer
CORPAY, INC.
CIK 0001175454
Entity typeother
Related Parties
1- filerCIK 0001506862
Filing Metadata
- Form type
- 4
- Filed
- Nov 13, 7:00 PM ET
- Accepted
- Nov 14, 5:05 PM ET
- Size
- 21.3 KB