4//SEC Filing
NetSpend Holdings, Inc. 4
Accession 0001179110-13-011148
CIK 0001496623operating
Filed
Jun 30, 8:00 PM ET
Accepted
Jul 1, 4:35 PM ET
Size
13.0 KB
Accession
0001179110-13-011148
Insider Transaction Report
Form 4
JEROME JAMES P
EVP Card Operations
Transactions
- Disposition to Issuer
Employee Stock Option (right to buy) 134,662)
2013-07-01−134,662→ 0 total→ Common Stock (134,662 underlying) - Disposition to Issuer
Employee Stock Option (right to buy) (75,000)
2013-07-01−75,000→ 0 total→ Common Stock (75,000 underlying) - Disposition to Issuer
Restricted Stock (10,169)
2013-07-01$16.00/sh−10,169$162,704→ 0 total - Disposition to Issuer
Restricted Stock (41,667)
2013-07-01$16.00/sh−41,667$666,672→ 0 total - Disposition to Issuer
Common Stock (3,390)
2013-07-01$16.00/sh−3,390$54,240→ 0 total
Footnotes (3)
- [F1]Each share shown was converted into the right to receive $16.00 in connection with the merger (the Merger) between the Company and General Merger Sub, Inc. (Merger Sub) pursuant to that certain Agreement and Plan of Merger, dated February 19, 2013 (as amended May 29, 2013, the Merger Agreement) by and between the Company, Merger Sub and Total System Services, Inc. (TSYS)
- [F2]Options were granted February 5, 2009 (25,000 shares @ $3.47 per share; vesting 25% on each of February 5, 2010, 2011, 2012 and 2013; 13,910 shares exercised on 11/8/2012; 4,840 shares exercised on 11/9/2012), April 20, 2010 (50,250 shares @ $3.78 per share; vesting 25% on each of March 25, 2011, 2012, 2013 and 2014; 4,260 shares exercised on 11/9/2012), April 20, 2010 (24,750 shares @ $3.78 per share; fully vested), February 16, 2011 (30,000 shares @ $14.80 per share; vesting 25% on each of February 16, 2012, 2013, 2014 and 2015), and February 9, 2012 (27,672 shares @ $8.75 per share; vesting 25% on each of February 9, 2013, 2014, 2015 and 2016). All of the options were cancelled in the Merger in exchange for a cash payment of $1,179,377, representing the difference between the exercise prices of the options and the consideration paid in the Merger ($16.00 per share)
- [F3]Options were granted on May 8, 2008 (50,000 shares @ $3.45 per share; and October 22, 2008 (25,000 shares @ $3.47 per share; fully vested. All of the options were cancelled in the Merger in exchange for a cash payment of $940,750, representing the difference between the exercise prices of the options and the consideration paid in the Merger ($16.00 per share)
Documents
Issuer
NetSpend Holdings, Inc.
CIK 0001496623
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001496623
Filing Metadata
- Form type
- 4
- Filed
- Jun 30, 8:00 PM ET
- Accepted
- Jul 1, 4:35 PM ET
- Size
- 13.0 KB