ACI WORLDWIDE, INC. 4
4 · ACI WORLDWIDE, INC. · Filed Jun 11, 2015
Insider Transaction Report
Form 4
Frate Daniel J
Group President
Transactions
- Award
Common Stock
2015-06-09+28,900→ 148,155 total - Award
Common Stock
2015-06-09+14,450→ 119,255 total
Footnotes (3)
- [F1]These performance-based restricted shares were granted pursuant to the Company's 2005 Equity and Performance Incentive Plan, as amended (the "Plan"). The reported number of performance-based restricted shares represents the number of on-target shares for the 2015 Performance Period. The vesting percentage may be greater or less than 100% of the on-target shares based on the Company's 2015 EBITDA performance. These performance-based restricted shares will vest, if at all, upon: (i) the reporting person's continued employment by the registrant, and (ii) subject to the reporting person's continued employment on such date, the Company achieving certain 2015 EBITDA performance objectives.
- [F2]The amount of securities owned has also been updated to include 510 shares acquired under the Company's 1999 Employee Stock Purchase Plan, as amended.
- [F3]These performance-based restricted shares were granted pursuant to the Plan. The reported number of performance-based restricted shares represents the number of on-target shares for the 2016 Performance Period. The vesting percentage may be greater or less than 100% of the on-target shares based on the Company's 2016 EBITDA performance. These performance-based restricted shares will vest, if at all, upon: (i) the reporting person's continued employment by the registrant, and (ii) subject to the reporting person's continued employment on such date, the Company achieving certain 2016 EBITDA performance objectives.