Home/Filings/4/0001144354-15-000121
4//SEC Filing

HEARTLAND PAYMENT SYSTEMS INC 4

Accession 0001144354-15-000121

CIK 0001144354operating

Filed

Dec 29, 7:00 PM ET

Accepted

Dec 30, 6:51 PM ET

Size

23.6 KB

Accession

0001144354-15-000121

Insider Transaction Report

Form 4
Period: 2015-12-22
Capucille Tony
Chief Sales Officer
Transactions
  • Other

    Restricted Stock Unit

    2015-12-227532,260 total
    Common Stock (753 underlying)
  • Other

    Restricted Stock Units

    2015-12-221,7501,750 total
    Exercise: $0.00Exp: 2022-04-26Common Stock (1,750 underlying)
  • Other

    Restricted Stock Unit

    2015-12-22561560 total
    Exp: 2023-12-06Common Stock (561 underlying)
  • Other

    Common Stock

    2015-12-22+6,2337,519 total
  • Other

    Restricted Stock Unit

    2015-12-22760760 total
    Exp: 2020-02-17Common Stock (760 underlying)
  • Tax Payment

    Common Stock

    2015-12-22$95.72/sh2,332$223,2195,187 total
  • Other

    Restricted Stock Unit

    2015-12-221,2702,541 total
    Exp: 2023-07-09Common Stock (1,270 underlying)
  • Other

    Restricted Stock Unit

    2015-12-229191,838 total
    Exp: 2019-12-19Common Stock (919 underlying)
  • Other

    Restricted Stock Unit

    2015-12-22220441 total
    Exp: 2024-02-06Common Stock (220 underlying)
Footnotes (10)
  • [F1]Heartland Payment Systems, Inc. (the "Issuer") entered into an Agreement and Plan of Merger dated as of December 15, 2015 (the "Merger Agreement") with Global Payments Inc., Data Merger Sub One, Inc. and Data Merger Sub Two, LLC. The reporting person is expected to be a "disqualified individual" for purposes of Section 280G of the Internal Revenue Code of 1986, as amended (the "Code"), and the Issuer's Board of Directors approved the acceleration of the vesting and settlement of certain equity awards held by the reporting person to December 22, 2015 for purposes of mitigating the effects of Sections 280G and 4999 of the Code in connection with the transactions contemplated by the Merger Agreement.
  • [F10]The restricted stock units vest in four equal annual installments beginning December 11, 2016. Vested shares will be delivered to the reporting person as soon as administratively practicable following the vesting of the restricted stock unit.
  • [F2]Each vested restricted stock unit was the economic equivalent of one share of the Issuer's common stock. The reporting person settled the vested restricted stock units for shares of the Issuer's common stock.
  • [F3]Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
  • [F4]The restricted stock units vest in equal annual installments on the anniversary of April 26, 2012. Vested shares will be delivered to the reporting person as soon as administratively practicable following the vesting of the restricted stock units.
  • [F5]The stock options vest in four equal annual installments beginning on July 9, 2014.
  • [F6]The restricted stock units vest in four equal annual installments beginning December 6, 2014. Vested shares will be delivered to the reporting person as soon as administratively practicable following the vesting of the restricted stock unit.
  • [F7]The restricted stock units vest in three equal annual installments beginning February 6, 2015. Vested shares will be delivered to the reporting person as soon as administratively practicable following the vesting of the restricted stock unit.
  • [F8]The restricted stock units vest in four equal annual installments beginning December 19, 2015. Vested shares will be delivered to the reporting person as soon as administratively practicable following the vesting of the restricted stock units.
  • [F9]The restricted stock units vest in four equal annual installments beginning February 17, 2016. Vested shares will be delivered to the reporting person as soon as administratively practicable following the vesting of the restricted stock units.

Issuer

HEARTLAND PAYMENT SYSTEMS INC

CIK 0001144354

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001144354

Filing Metadata

Form type
4
Filed
Dec 29, 7:00 PM ET
Accepted
Dec 30, 6:51 PM ET
Size
23.6 KB