ROBAK KIM M 4
4 · FISERV INC · Filed Jan 3, 2018
Insider Transaction Report
Form 4
FISERV INCFISV
ROBAK KIM M
Director
Transactions
- Award
Deferred Compensation Notional Units
2017-12-31$131.13/sh+113$14,818→ 7,931 total→ Common Stock (113 underlying)
Footnotes (1)
- [F1]These deferred compensation notional units were allocated under the Fiserv, Inc. Non-Employee Director Deferred Compensation Plan (the "Plan"), under which director fees otherwise payable in cash may be deferred in exchange for the allocation of notional units under the Plan. This Form 4 reports the crediting of units under the Plan on December 31, 2017 in respect of $14,750 deferred compensation. The number of notional units credited is calculated by dividing the amount of compensation that is deferred by the closing price of the company's common stock on the date of deferral, or last business day prior. On December 29, 2017, the closing price of Fiserv's common stock was $131.13 per share. Upon termination of the reporting person's service to the company, each notional unit will be settled in shares of Fiserv common stock on a one-for-one basis.