PLUMERI JOSEPH J 4
4 · FIRST DATA CORP · Filed Jul 29, 2019
Insider Transaction Report
Form 4
PLUMERI JOSEPH J
Director
Transactions
- Disposition to Issuer
Class A Common Stock
2019-07-29−751,762→ 0 total - Disposition to Issuer
Stock Options (right to buy)
2019-07-29−170,836→ 0 totalExercise: $14.23Exp: 2020-10-14→ Class B Common Stock (170,836 underlying) - Disposition to Issuer
Class B Common Stock
2019-07-29−1,140,001→ 0 total→ Class A Common Stock (1,140,001 underlying) - Disposition to Issuer
Stock Options (right to buy)
2019-07-29−632,729→ 0 totalExercise: $12.65Exp: 2024-05-13→ Class B Common Stock (632,729 underlying) - Disposition to Issuer
Stock Options (right to buy)
2019-07-29−144,501→ 0 totalExercise: $12.52Exp: 2026-02-24→ Class A Common Stock (144,501 underlying) - Disposition to Issuer
Stock Options (right to buy)
2019-07-29−316,364→ 0 totalExercise: $11.07Exp: 2023-10-12→ Class B Common Stock (316,364 underlying) - Disposition to Issuer
Stock Options (right to buy)
2019-07-29−75,473→ 0 totalExercise: $13.00Exp: 2025-01-15→ Class A Common Stock (75,473 underlying) - Disposition to Issuer
Units in Director Deferred Compensation Plan
2019-07-29−3,163.64→ 0 total→ Class A Common Stock (3,163.64 underlying)
Footnotes (6)
- [F1]Pursuant to the Agreement and Plan of Merger dated January 16, 2019 (Merger Agreement) among First Data Corporation (Issuer), Fiserv, Inc. (Fiserv), and 300 Holdings, Inc. (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).
- [F2]Shares of Class B common stock were convertible into shares of Class A common stock on a one-for-one basis at any time at the option of the holder with the prior written consent of the issuer, automatically upon transfer, with certain exceptions, and upon certain other events.
- [F3]These stock options are fully vested and exercisable.
- [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.
- [F5]Each unit represents the economic equivalent of one share of Class A common stock of the Issuer. The units became payable in cash upon the reporting person's termination of service as a director of the Issuer.
- [F6]Pursuant to the terms of the Issuer's 2008 Non-Employee Director Deferred Compensation Plan, each unit will be paid out in cash equal to the closing price of one share of the Issuer's Class A common stock on the day before the effective time of the Merger.