4//SEC Filing
WHORLEY JOHN F JR 4
Accession 0001209191-19-043555
CIK 0000883980other
Filed
Jul 28, 8:00 PM ET
Accepted
Jul 29, 5:23 PM ET
Size
8.6 KB
Accession
0001209191-19-043555
Insider Transaction Report
Form 4
WHORLEY JOHN F JR
Executive Vice President
Transactions
- Disposition to Issuer
Stock Option (right to buy)
2019-07-29−89,678→ 0 totalExercise: $19.70Exp: 2028-07-23→ Class A Common Stock (89,678 underlying) - Disposition to Issuer
Class A Common Stock
2019-07-29−149,777→ 0 total
Footnotes (4)
- [F1]Includes 125,332 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]44,839 options were originally scheduled to vest on February 15, 2020 and 44,839 options were originally scheduled to vest on February 15, 2021.
- [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.
Documents
Issuer
FIRST DATA CORP
CIK 0000883980
Entity typeother
Related Parties
1- filerCIK 0001215156
Filing Metadata
- Form type
- 4
- Filed
- Jul 28, 8:00 PM ET
- Accepted
- Jul 29, 5:23 PM ET
- Size
- 8.6 KB