4//SEC Filing
MONEYGRAM INTERNATIONAL INC 4
Accession 0001209191-14-014495
CIK 0001273931operating
Filed
Feb 25, 7:00 PM ET
Accepted
Feb 26, 5:23 PM ET
Size
10.2 KB
Accession
0001209191-14-014495
Insider Transaction Report
Form 4
Ohser Peter E.
Senior VP of U.S. and Canada
Transactions
- Award
Common Stock
2014-02-24+36,978→ 77,586 total - Tax Payment
Common Stock
2014-02-24$20.08/sh−191$3,835→ 77,395 total
Holdings
- 127.138(indirect: By 401(k))
Common Stock
- 1,812(indirect: By IRA)
Common Stock
Footnotes (5)
- [F1]Represents the number of shares of common stock issuable upon vesting of 18,489 time-based RSUs and the target number of shares of common stock eligible to be issued upon vesting of 18,489 performance-based RSUs. The time-based RSUs vest in 3 equal installments on each anniversary of the grant date. The performance-based RSUs vest upon achieving certain performance goals, with up to 50% of such performance-based RSUs vesting if certain revenue targets from "self-service" transactions are achieved upon completion of the fiscal year ending Dec. 31, 2016, and with up to 50% of such performance-based RSUs vesting if certain Adjusted EBITDA growth performance goals are achieved over the three year period ending Dec. 31, 2016. No performance-based RSUs will vest unless a certain threshold goal of Adjusted EBITDA growth is achieved, and the "self-service" revenue performance-based RSUs are subject to a separate threshold requirement for a minimum amount of "self-service" revenue.
- [F2]Includes 40,608 shares that may be issued upon vesting of previously granted performance-based restricted stock units.
- [F3]Represents the number of shares withheld for the payment of tax liabilities in connection with the vesting of 698 performance-based RSUs that were granted on November 17, 2011. The Human Resources and Nominating Committee of the Board made the determination that such RSUs vested on February 24, 2014, based on the achievement of certain performance goals for the period from January 1, 2012 through December 31, 2013. 1,682 performance-based RSUs remain eligible for vesting under such award upon achieving the target performance goal over the performance period of January 1, 2012 through December 31, 2014. If the target performance goal is not met but a certain threshold is achieved, or if a maximum performance goal is achieved, the reporting person will be entitled to from 50% up to 200% of the target number of RSUs, less the number of RSUs that vested for the period between January 1, 2012 through December 31, 2013.
- [F4]The price was determined based on the closing price of $20.08 per share of MoneyGram International, Inc.'s common stock on February 24, 2014.
- [F5]Includes 39,910 shares that may be issued upon vesting of previously granted performance-based restricted stock units.
Documents
Issuer
MONEYGRAM INTERNATIONAL INC
CIK 0001273931
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001273931
Filing Metadata
- Form type
- 4
- Filed
- Feb 25, 7:00 PM ET
- Accepted
- Feb 26, 5:23 PM ET
- Size
- 10.2 KB