4//SEC Filing
Johnson Thomas P Jr 4
Accession 0001123292-10-000556
CIK 0001063254other
Filed
Jul 5, 8:00 PM ET
Accepted
Jul 6, 2:46 PM ET
Size
7.8 KB
Accession
0001123292-10-000556
Insider Transaction Report
Form 4
S1 CORP /DE/SONE
Johnson Thomas P Jr
Director
Transactions
- Award
Phantom Stock
2010-07-01+1,500→ 4,500 total→ Common Stock (1,500 underlying) - Disposition to Issuer
Common Stock
2010-07-01−1,500→ 46,500 total
Footnotes (2)
- [F1]Upon the vesting of restricted stock units granted to the reporting person on June 5, 2010, the reporting person deferred the receipt of 1,500 shares of common stock and received instead 1,500 shares of phantom stock pursuant to S1 Corporation's deferred compensation plan. As a result, the reporting person is reporting the disposition of 1,500 shares of common stock in exchange for an equal number of shares of phantom stock.
- [F2]Each share of phantom stock represents a right to receive one share of common stock or, at S1 Corporation's election, the cash value thereof. The phantom stock becomes payable upon separation of service, death, disability, a change in control or the occurrence of an unforeseeable emergency.
Documents
Issuer
S1 CORP /DE/
CIK 0001063254
Entity typeother
Related Parties
1- filerCIK 0001342224
Filing Metadata
- Form type
- 4
- Filed
- Jul 5, 8:00 PM ET
- Accepted
- Jul 6, 2:46 PM ET
- Size
- 7.8 KB