Panther Thomas E 4
4 · EVO Payments, Inc. · Filed Mar 28, 2023
Insider Transaction Report
Form 4
Panther Thomas E
Chief Financial Officer
Transactions
- Disposition to Issuer
Restricted Stock Units
2023-03-24−21,388→ 0 total→ Class A Common Stock (21,388 underlying) - Disposition to Issuer
Performance Stock Units
2023-03-24−19,998→ 0 total→ Class A Common Stock (19,998 underlying) - Disposition to Issuer
Performance Stock Units
2023-03-24−16,041→ 0 total→ Class A Common Stock (16,041 underlying) - Disposition to Issuer
Class A Common Stock
2023-03-24−43,613→ 0 total - Disposition to Issuer
Restricted Stock Units
2023-03-24−6,874→ 0 total→ Class A Common Stock (6,874 underlying) - Disposition to Issuer
Restricted Stock Units
2023-03-24−4,945→ 0 total→ Class A Common Stock (4,945 underlying) - Disposition to Issuer
Restricted Stock Units
2023-03-24−12,569→ 0 total→ Class A Common Stock (12,569 underlying) - Disposition to Issuer
Options (right to buy)
2023-03-24−19,945→ 0 totalExercise: $27.28From: 2023-11-18Exp: 2029-11-18→ Class A Common Stock (19,945 underlying) - Disposition to Issuer
Options (right to buy)
2023-03-24−15,414→ 0 totalExercise: $25.28From: 2024-02-28Exp: 2030-02-28→ Class A Common Stock (15,414 underlying) - Disposition to Issuer
Options (right to buy)
2023-03-24−22,112→ 0 totalExercise: $25.46Exp: 2031-02-26→ Class A Common Stock (22,112 underlying)
Footnotes (8)
- [F1]As of the Transaction Date and pursuant to a merger agreement between the Issuer and Global Payments Inc. (the "Merger Agreement"), RSUs were canceled in exchange for a total cash payment of $1,556,384.00, representing the number of shares multiplied by the applicable consideration amount required in the Merger Agreement. The cash payment includes $233,716.00 for 6,874 units (which would have vested on the fourth anniversary of 11/18/2019), $168,130.00 for 4,945 units (which would have vested on the fourth anniversary of 2/28/2020), $427,346.00 for 12,569 units, and $727,192.00 for 21,388 units (which would have vested ratably on the second and third anniversary of 2/24/2022). Vested shares were also canceled and provided consideration pursuant to the Merger Agreement.
- [F2]As of the Transaction Date and pursuant to the Merger Agreement, PSUs were canceled in exchange for a total cash payment of $1,225,326.00, representing the number of shares multiplied by the applicable consideration amount required in the Merger Agreement. The cash payment includes $679,932.00 for 19,998 units and $545,394.00 for 16,041 units.
- [F3]Upon vesting, restricted stock units and performance stock units convert to shares of Issuer common stock on a one-for-one basis.
- [F4]The RSU grant provided for vesting of 12,569 units on the third anniversary of 2/26/2021.
- [F5]The PSU grant provided for vesting of 19,998 units on 2/24/2025, subject to satisfying additional performance conditions.
- [F6]The PSU grant provided for vesting of 16,041 units on 3/31/2025, subject to satisfying additional performance conditions.
- [F7]The options grant provided for vesting of 22,112 units on the third anniversary of 2/26/2021.
- [F8]As of the Transaction Date and pursuant to the Merger Agreement, option rights were canceled in exchange for a total cash payment of $457,276.96, representing the number of shares multiplied by the applicable consideration amount required in the Merger Agreement. The cash payment includes $134,030.40 for 19,945 units, $134,410.08 for 15,414 units, and $188,836.48 for 22,112 units.