VILLAMIL FELIX 4
4 · EVERTEC, Inc. · Filed Apr 19, 2013
Insider Transaction Report
Form 4
EVERTEC, Inc.EVTC
VILLAMIL FELIX
Director
Transactions
- Exercise/Conversion
Common Stock
2013-04-19$1.29/sh+116,865$151,340→ 276,865 total - Tax Payment
Common Stock
2013-04-19$20.84/sh−31,758$661,837→ 245,107 total - Award
Common Stock
2013-04-11+160,000→ 160,000 total - Award
Stock Option (right to buy)
2013-04-17+155,820→ 155,820 totalExercise: $1.29From: 2013-04-17Exp: 2022-02-11→ Common Stock (155,820 underlying) - Disposition to Issuer
Class B Non-Voting Common Stock
2013-04-11−160,000→ 0 total - Exercise/Conversion
Stock Option (right to buy)
2013-04-19−116,865→ 38,955 totalExercise: $1.29From: 2013-04-17Exp: 2022-02-11→ Common Stock (116,865 underlying)
Footnotes (3)
- [F1]On April 11, 2013, the Issuer's "class B non-voting common stock" was converted to "class A common stock" and on April 17, 2013, the "class A common stock" was renamed "common stock." All shares of common stock are subject to a lock-up agreement (the "Lock-Up Agreement") entered into by the Reporting Person in connection with the Issuer's initial public offering, which restricts the Reporting Person's ability to sell or otherwise dispose of such shares prior to October 9, 2013.
- [F2]Reflects shares of common stock withheld by the Issuer to fund the cashless exercise of stock options and to pay the tax liability of the Reporting Person in connection with such exercise.
- [F3]Options related to 116,865 shares of common stock are currently vested and became exercisable upon consummation of the Issuer's initial public offering on April 17, 2013. The remaining options vest and become exercisable in four substantially equal installments on September 30, 2013, September 30, 2014, and September 30, 2015. All shares issued upon exercise of any options will be subject to the Lock-Up Agreement.