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Distelbrink Ivo M 4

Accession 0001209191-19-043535

CIK 0000883980other

Filed

Jul 28, 8:00 PM ET

Accepted

Jul 29, 5:14 PM ET

Size

8.6 KB

Accession

0001209191-19-043535

Insider Transaction Report

Form 4
Period: 2019-07-29
Transactions
  • Disposition to Issuer

    Class A Common Stock

    2019-07-29274,1140 total
  • Disposition to Issuer

    Stock Options (right to buy)

    2019-07-2942,9400 total
    Exercise: $13.26Exp: 2026-08-15Class A Common Stock (42,940 underlying)
Footnotes (4)
  • [F1]Includes 181,449 restricted stock units previously subject to time-based vesting which were converted into units denominated in shares of Fiserv, Inc. (Fiserv) common stock based on the exchange ratio (defined in footnote (2)) and will continue to be governed by the same terms and conditions as were applicable at the effective time in accordance with the Agreement and Plan of Merger dated January 16, 2019 (the Merger Agreement) among First Data Corporation (Issuer), Fiserv, and 300 Holdings, Inc. (Merger Sub).
  • [F2]Pursuant to the Merger Agreement among Issuer, Fiserv, and Merger Sub, upon the effective time of the merger of Merger Sub into Issuer (the Merger) on July 29, 2019, each common share of the Issuer was converted in the right to receive 0.303 shares of Fiserv common stock (the exchange ratio).
  • [F3]The options were originally scheduled to vest in equal annual installments on each of August 15, 2017, August 15, 2018, and August 15, 2019.
  • [F4]Pursuant to the Merger Agreement, immediately after the effective time of the Merger, the option was converted into an option to purchase a number of shares of Fiserv common stock equal to the number of shares of Issuer common stock subject to such option award immediately prior the effective time multiplied by the exchange ratio, with an exercise price per share equal to the exercise price per share of such stock option immediately prior to the effective time divided by the exchange ratio. The options will continue to be governed by the same vesting terms as were applicable at the effective time.

Issuer

FIRST DATA CORP

CIK 0000883980

Entity typeother

Related Parties

1
  • filerCIK 0001682238

Filing Metadata

Form type
4
Filed
Jul 28, 8:00 PM ET
Accepted
Jul 29, 5:14 PM ET
Size
8.6 KB