LOWTHERS BRUCE F JR 4
4 · Fidelity National Information Services, Inc. · Filed Aug 10, 2020
Insider Transaction Report
Form 4
LOWTHERS BRUCE F JR
CEVP, Chief Operating Officer
Transactions
- Award
Common Stock
2020-08-06+43,986→ 73,958.385 total - Tax Payment
Common Stock
2020-08-06$147.00/sh−17,309$2,544,423→ 56,649.385 total
Footnotes (2)
- [F1]On August 8, 2019, the reporting person was granted performance stock units ("PSUs") pursuant to the Worldpay Integration Incentive Plan (the "Integration Plan"). Fifty percent of the target grant amount is based on the satisfaction of revenue synergy targets and fifty percent of the target grant amount is based on the satisfaction of expense synergy targets, each of which is measured over a three-year period. Under the terms of the Integration Plan, the FIS Compensation Committee determined that the actual expense synergy amount as of the first measurement period ending on June 30, 2020 resulted in a vesting at two hundred percent of the fifty percent expense synergy target grant amount. The threshold for revenue synergy vesting was not met as of this first measurement date.
- [F2]Represents shares withheld to cover tax withholding obligations for the PSUs that vested on August 6, 2020.