4//SEC Filing
Wilson Darren 4
Accession 0000899243-23-009859
CIK 0001704596other
Filed
Mar 27, 8:00 PM ET
Accepted
Mar 28, 9:07 PM ET
Size
22.3 KB
Accession
0000899243-23-009859
Insider Transaction Report
Form 4
Wilson Darren
Director
Transactions
- Disposition to Issuer
Performance Stock Units
2023-03-24−16,357→ 0 total→ Class A Common Stock (16,357 underlying) - Disposition to Issuer
Restricted Stock Units
2023-03-24−6,577→ 0 total→ Class A Common Stock (6,577 underlying) - Disposition to Issuer
Restricted Stock Units
2023-03-24−12,844→ 0 total→ Class A Common Stock (12,844 underlying) - Disposition to Issuer
Options (right to buy)
2023-03-24−20,500→ 0 totalExercise: $25.28Exp: 2030-02-28→ Class A Common Stock (20,500 underlying) - Disposition to Issuer
Class A Common Stock
2023-03-24−63,578→ 0 total - Disposition to Issuer
Restricted Stock Units
2023-03-24−21,810→ 0 total→ Class A Common Stock (21,810 underlying) - Disposition to Issuer
Performance Stock Units
2023-03-24−20,392→ 0 total→ Class A Common Stock (20,392 underlying) - Disposition to Issuer
Options (right to buy)
2023-03-24−22,595→ 0 totalExercise: $25.46Exp: 2031-02-26→ Class A Common Stock (22,595 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 $1,401,854.00, representing the number of shares multiplied by the applicable consideration amount required in the Merger Agreement. The cash payment includes $223,618.00 for 6,577 units (which would have vested on the fourth anniversary of 2/28/2020), $436,696.00 for 12,844 units, and $741,540.00 for 21,810 units (which would have ratably vested 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 $1,249,466.00, representing the number of shares multiplied by the applicable consideration amount required in the Merger Agreement. The cash payment includes $693,328.00 for 20,392 units and $556,138.00 for 16,357 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 12,844 units on the third anniversary of 2/26/2021.
- [F5]The PSU grant provided for vesting of 20,392 units on 2/24/2025, subject to satisfying additional performance conditions.
- [F6]The PSU grant provided for vesting of 16,357 units on 3/31/2025, subject to satisfying additional performance conditions.
- [F7]The options grant provided for vesting of 20,500 units on the fourth anniversary of 2/28/2020 and 22,595 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 $371,721.30, representing the number of shares multiplied by the applicable consideration amount required in the Merger Agreement. The cash payment includes $178,760.00 for 20,500 units and $192,961.30 for 22,595 units.
Documents
Issuer
EVO Payments, Inc.
CIK 0001704596
Entity typeother
Related Parties
1- filerCIK 0001739660
Filing Metadata
- Form type
- 4
- Filed
- Mar 27, 8:00 PM ET
- Accepted
- Mar 28, 9:07 PM ET
- Size
- 22.3 KB