4//SEC Filing
CARR ROBERT O 4
Accession 0001181431-11-035800
CIK 0001144354other
Filed
Jun 7, 8:00 PM ET
Accepted
Jun 8, 7:05 PM ET
Size
21.9 KB
Accession
0001181431-11-035800
Insider Transaction Report
Form 4
CARR ROBERT O
DirectorChairman of the Board and CEO10% Owner
Transactions
- Exercise/Conversion
Stock Option (right to buy)
2011-06-06−34,611→ 301,612 totalExercise: $8.88Exp: 2014-05-11→ Common Stock (34,611 underlying) - Exercise/Conversion
Common Stock, par value $0.001 per share
2011-06-06$8.88/sh+34,611$307,346→ 34,611 total - Sale
Common Stock, par value $0.001 per share
2011-06-06$18.41/sh−34,611$637,234→ 0 total - Sale
Common Stock, par value $0.001 per share
2011-06-08$18.42/sh−34,860$642,261→ 0 total - Exercise/Conversion
Stock Option (right to buy)
2011-06-07−34,252→ 267,360 totalExercise: $8.88Exp: 2014-05-11→ Common Stock (34,252 underlying) - Exercise/Conversion
Common Stock, par value $0.001 per share
2011-06-08$8.88/sh+34,860$309,557→ 34,860 total - Exercise/Conversion
Stock Option (right to buy)
2011-06-08−34,860→ 232,500 totalExercise: $8.88Exp: 2014-05-11→ Common Stock (34,860 underlying) - Sale
Common Stock, par value $0.001 per share
2011-06-07$18.60/sh−34,252$636,984→ 0 total - Exercise/Conversion
Common Stock, par value $0.001 per share
2011-06-07$8.88/sh+34,252$304,158→ 34,252 total
CARR JILL
10% Owner
Transactions
- Exercise/Conversion
Common Stock, par value $0.001 per share
2011-06-08$8.88/sh+34,860$309,557→ 34,860 total - Sale
Common Stock, par value $0.001 per share
2011-06-08$18.42/sh−34,860$642,261→ 0 total - Exercise/Conversion
Stock Option (right to buy)
2011-06-07−34,252→ 267,360 totalExercise: $8.88Exp: 2014-05-11→ Common Stock (34,252 underlying) - Exercise/Conversion
Common Stock, par value $0.001 per share
2011-06-06$8.88/sh+34,611$307,346→ 34,611 total - Sale
Common Stock, par value $0.001 per share
2011-06-06$18.41/sh−34,611$637,234→ 0 total - Exercise/Conversion
Stock Option (right to buy)
2011-06-06−34,611→ 301,612 totalExercise: $8.88Exp: 2014-05-11→ Common Stock (34,611 underlying) - Sale
Common Stock, par value $0.001 per share
2011-06-07$18.60/sh−34,252$636,984→ 0 total - Exercise/Conversion
Stock Option (right to buy)
2011-06-08−34,860→ 232,500 totalExercise: $8.88Exp: 2014-05-11→ Common Stock (34,860 underlying) - Exercise/Conversion
Common Stock, par value $0.001 per share
2011-06-07$8.88/sh+34,252$304,158→ 34,252 total
Footnotes (6)
- [F1]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 11, 2011.
- [F2]This price is the weighted average price of the 34,611 shares sold. The prices actually paid for the shares of the common stock of the Issuer sold ranged from $18.28 to $18.68. The reporting person will provide to the Issuer, any security holder of the Issuer or the SEC Staff, upon request, information regarding the number of shares sold at each price within the range of prices actually paid.
- [F3]This price is the weighted average price of the 34,252 shares sold. The prices actually paid for the shares of the common stock of the Issuer sold ranged from $18.23 to $18.76. The reporting person will provide to the Issuer, any security holder of the Issuer or the SEC Staff, upon request, information regarding the number of shares sold at each price within the range of prices actually paid.
- [F4]This price is the weighted average price of the 34,860 shares sold. The prices actually paid for the shares of the common stock of the Issuer sold ranged from $18.17 to $18.67. The reporting person will provide to the Issuer, any security holder of the Issuer or the SEC Staff, upon request, information regarding the number of shares sold at each price within the range of prices actually paid.
- [F5]This Form 4 is filed in connection with a joint/group filing consisting of Robert O. Carr and Jill Carr, Mr. Carr's wife. Mrs. Carr's address is c/o Heartland Payment Systems, Inc., 90 Nassau Street, Princeton, NJ 08542. Mr. and Mrs. Carr's indirect beneficial ownership consists of 400,000 shares of Company's common stock held by The Robert O. Carr 2001 Charitable Remainder Unitrust and 201,391 shares held by The Robert O. Carr 2000 Irrevocable Trust for Emily Carr. The reporting persons disclaim beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting persons are the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
- [F6]On May 11, 2009, the stock options were granted with vesting in four equal installments over a four year period if the closing price of the common stock of the Issuer was $17.76 or greater for 30 consecutive trading days at any time before the option expired. The closing price of the common stock of the Issuer has exceeded $17.76 for 30 consecutive trading days so, as of the date of this filing, 232,500 of the stock options have vested and 232,500 stock options remain unvested.
Documents
Issuer
HEARTLAND PAYMENT SYSTEMS INC
CIK 0001144354
Entity typeother
Related Parties
1- filerCIK 0001331595
Filing Metadata
- Form type
- 4
- Filed
- Jun 7, 8:00 PM ET
- Accepted
- Jun 8, 7:05 PM ET
- Size
- 21.9 KB