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4//SEC Filing

SCHILLING THOMAS L 4

Accession 0001225208-13-011101

CIK 0001429775other

Filed

May 1, 8:00 PM ET

Accepted

May 2, 6:08 PM ET

Size

5.7 KB

Accession

0001225208-13-011101

Insider Transaction Report

Form 4
Period: 2013-05-01
SCHILLING THOMAS L
Exec. VP & CFO
Transactions
  • Award

    Common Stock

    2013-05-01+74,267222,207 total
Holdings
  • Common Stock

    (indirect: By 401(k))
    4,342
Footnotes (1)
  • [F1]Shares of restricted stock granted pursuant to the Lender Processing Services, Inc. Amended and Restated 2008 Omnibus Incentive Plan. Subject to the performance-based restrictions in the next sentence, 1/3 of the awards vest on each of the first three anniversaries of the date of grant. In addition, the Company must achieve the following performance objectives during the performance periods in order for the shares to vest: (i) as to 1/3 of the shares, an annual operating margin of at least 14% from April 1, 2013 through December 31, 2013; (ii) as to 1/3 of the shares, an annual operating margin of at least 14% from January 1, 2014 through Decembe 31, 2014; and (iii) as to 1/3 of the shares, an annual operating margin of at least 14% from January 1, 2015 through December 31, 2015. Dividends on the restricted stock will be accrued, and paid only upon vesting of the related shares.

Documents

1 file

Issuer

Lender Processing Services, Inc.

CIK 0001429775

Entity typeother

Related Parties

1
  • filerCIK 0001180694

Filing Metadata

Form type
4
Filed
May 1, 8:00 PM ET
Accepted
May 2, 6:08 PM ET
Size
5.7 KB