CORPAY, INC.|4Nov 14, 5:05 PM ET

Clarke Ronald 4

4 · CORPAY, INC. · Filed Nov 14, 2024

Form 4

Period: 2024-10-23

DirectorCEO & Chairman of BOD

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 total
Exercise: $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 total
Exercise: $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 total
Exercise: $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 total
Exercise: $114.90From: 2017-01-20Exp: 2026-01-20→ Common Stock (425,000 underlying)

Holdings

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

1 file