4//SEC Filing
HEARTLAND PAYMENT SYSTEMS INC 4
Accession 0001144354-16-000168
CIK 0001144354operating
Filed
Apr 25, 8:00 PM ET
Accepted
Apr 26, 9:24 PM ET
Size
8.0 KB
Accession
0001144354-16-000168
Insider Transaction Report
Form 4
HOLLIN MITCHELL L
Director
Transactions
- Disposition to Issuer
Common Stock, par value $0.001 per share
2016-04-22−43,423→ 0 total - Disposition to Issuer
Restricted Stock Units
2016-04-22−1,435→ 0 totalExp: 2025-05-08→ Common Stock (1,435 underlying)
Footnotes (4)
- [F1]In connection with the acquisition (the "Merger") of Heartland Payments Systems, Inc. ("Heartland") by Global Payments Inc. ("Global Payments"), pursuant to the Agreement and Plan of Merger, dated as of December 15, 2015, by and among Heartland, Global Payments, Data Merger Sub One, Inc. and Data Merger Sub Two, LLC, on April 22, 2016, the reporting person received $53.28 in cash and 0.6687 of a share of Global Payments common stock for each share of Heartland common stock owned by the reporting person.
- [F2]Each restricted stock unit represents a contingent right to receive one share of Heartland's (the "Issuer") common stock.
- [F3]The restricted stock units vest upon the earlier of: (i) May 8, 2016 and (ii) the first business day preceding the date of the Issuer's 2016 annual meeting of stockholders, so long as the reporting person remains in Continuous Service (as such term is defined in the Issuer's Second Amended and Restated 2008 Equity Incentive Plan).
- [F4]These restricted stock units, which provided for vesting upon the earlier of May 8, 2016 or the first business day preceding the date of the Issuer's 2016 annual meeting of stockholders, were cancelled in the Merger in exchange for 959 shares of Global Payments common stock and a cash payment of $76,501.14.
Documents
Issuer
HEARTLAND PAYMENT SYSTEMS INC
CIK 0001144354
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001144354
Filing Metadata
- Form type
- 4
- Filed
- Apr 25, 8:00 PM ET
- Accepted
- Apr 26, 9:24 PM ET
- Size
- 8.0 KB