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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Stock Option (right to buy) | $ 1.295 | 06/26/2013 | M | 280,474 | 04/17/2013 | 02/11/2021 | Common Stock | 280,474 | $ 0 | 70,118 (3) | D | ||||
Stock Option (right to buy) | $ 4.83 | 06/26/2013 | M | 15,000 | 04/17/2013 | 02/22/2022 | Common Stock | 15,000 | $ 0 | 5,000 (4) | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Vizcarrondo Miguel C/O EVERTEC, INC. CUPEY CENTER BUILDING ROAD 176, KILOMETER 1.3 SAN JUAN, PR 00926 |
Executive Vice President |
/s/ Miguel Vizcarrondo | 06/28/2013 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | An option related to one additional share of common stock was vested as compared to the amount stated in footnote 3 of the Form 4 of the Reporting Person filed on April 19, 2013 due to a change in rounding in calculating the vesting installments. |
(2) | Reflects shares of common stock withheld by the Issuer to fund the cashless exercise of stock options and to pay the tax liability of the Reporting Person in connection with such exercise. |
(3) | Remaining options vest and become exercisable in three substantially equal installments on September 30, 2013, September 30, 2014, and September 30, 2015. |
(4) | Remaining options vest and become exercisable in three substantially equal installments on September 30, 2013, September 30, 2014, and September 30, 2015. |