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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 | ||||||||
Restricted Stock Units | $ 0 (1) | 01/02/2015 | M | 1,538 | (1) | (1) | Common Stock, par value $0.01 per share | 1,538 | $ 0 | 12,300 | D | ||||
Restricted Stock Units | $ 0 (2) | 01/05/2015 | M | 715 | (2) | (2) | Common Stock, par value $0.01 per share | 715 | $ 0 | 0 | D | ||||
Restricted Stock Units | $ 0 | 01/02/2015 | A | 13,750 | (7) | (7) | Common Stock, par value $0.01 per share | 13,750 | $ 0 | 13,750 | D | ||||
Restricted Stock Units | $ 0 | 01/02/2015 | A | 13,750 | (8) | (8) | Common Stock, par value $0.01 per share | 13,750 | $ 0 | 13,750 | D | ||||
Stock Options (right to buy) | $ 19.99 | 01/06/2015 | M(3) | 4,375 | (9) | 09/02/2015 | Common Stock, par value $0.01 per share | 4,375 | $ 0 | 0 | D | ||||
Stock Options (right to buy) | $ 7.68 | 01/06/2015 | M(3) | 6,250 | (9) | 07/01/2016 | Common Stock, par value $0.01 per share | 6,250 | $ 0 | 0 | D | ||||
Stock Options (right to buy) | $ 14.29 | 01/06/2015 | M(3) | 3,647 | (9) | 11/06/2016 | Common Stock, par value $0.01 per share | 3,647 | $ 0 | 0 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Miles Jennifer C/O VERIFONE SYSTEMS, INC. 2099 GATEWAY PLACE, SUITE 600 SAN JOSE, CA 95110 |
President, Verifone Americas |
/s/ Jennifer Miles, by Jun Zheng, her Attorney-in-Fact | 01/06/2015 | |
**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) | On January 2, 2015, shares of the issuer's common stock underlying these restricted stock units became deliverable without the payment of any consideration and were delivered to the reporting person. |
(2) | On January 5, 2015, shares of the issuer's common stock underlying these restricted stock units became deliverable without the payment of any consideration and were delivered to the reporting person. |
(3) | Transaction effected pursuant to a Rule 10b5-1 Plan. |
(4) | Shares sold between $36.57 and $36.96 per share at a weighted average price of $36.72. The reporting person will provide to the Commission, the issuer and any stockholder, upon request, full information regarding the number of shares sold at each separate price. |
(5) | Shares sold between $36.55 and $36.92 per share at a weighted average price of $36.67. The reporting person will provide to the Commission, the issuer and any stockholder, upon request, full information regarding the number of shares sold at each separate price. |
(6) | Shares sold between $36.62 and $36.96 per share at a weighted average price of $36.86. The reporting person will provide to the Commission, the issuer and any stockholder, upon request, full information regarding the number of shares sold at each separate price. |
(7) | 25% of these restricted stock units will vest on the first anniversary of the grant date. Thereafter, 6.25% of these restricted stock units will vest at the end of each subsequent three month period until these restricted stock units have fully vested. |
(8) | The grant is subject to achievement of certain performance criteria prior to January 2, 2018 and will vest based on achievement of such criteria. The number of restricted stock units reported is the targeted amount to be achieved. Depending on the actual level of achievement, the reporting person may receive between 0% and 200% of such targeted amount. |
(9) | The stock options underlying this grant are fully exercisable as they previously vested. |