4//SEC Filing
HEARTLAND PAYMENT SYSTEMS INC 4
Accession 0001144354-16-000140
CIK 0001144354operating
Filed
Apr 5, 8:00 PM ET
Accepted
Apr 6, 3:51 PM ET
Size
9.6 KB
Accession
0001144354-16-000140
Insider Transaction Report
Form 4
CARR ROBERT O
DirectorChairman of the Board and CEO10% Owner
Transactions
- Exercise/Conversion
Common Stock, par value $0.001 per share
2016-03-11+4,356→ 325,552 total - Tax Payment
Common Stock, par value $0.001 per share
2016-03-11$93.00/sh−1,495$139,035→ 324,057 total - Exercise/Conversion
Restricted Stock Units
2016-03-11−4,356→ 0 total→ Common Stock (4,356 underlying)
Footnotes (3)
- [F1]On December 10, 2012, the reporting person was awarded Total Shareholder Return Performance Share Units (the "Relative TRSUs"). These Relative TRSUs were nonvested share awards for which vesting percentages and ultimate number of units vesting were be calculated based on the total shareholder return of Heartland Payment Systems, Inc. common stock as compared to the total shareholder return of 86 peer companies. The payout schedule could produce vesting percentages ranging from 0% to 225%. Total shareholder return was calculated based upon the average closing price for the 30 calendar day period ending December 9, 2015, over the closing price on December 10, 2012 and vested at 23% of target.
- [F2]Each restricted stock unit represents a contingent right to receive one share of Heartland Payment Systems, Inc.'s common stock.
- [F3]The reporting person's indirect beneficial ownership consists of 150,412 shares of the Issuer's common stock held by The Robert O. Carr 2000 Irrevocable Trust for Emmalee Carr. The reporting person disclaims beneficial ownership of the Issuer's common stock held by The Robert O. Carr 2000 Irrevocable Trust for Emmalee Carr. This report shall not be deemed an admission that the reportingperson is the beneficial owner of the shares of the Issuer's common stock for purposes of Section 16 or for any other purpose.
Documents
Issuer
HEARTLAND PAYMENT SYSTEMS INC
CIK 0001144354
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001144354
Filing Metadata
- Form type
- 4
- Filed
- Apr 5, 8:00 PM ET
- Accepted
- Apr 6, 3:51 PM ET
- Size
- 9.6 KB