Filing Details
- Accession Number:
- 0001209191-15-002431
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2015-01-06 17:49:18
- Reporting Period:
- 2015-01-02
- Filing Date:
- 2015-01-06
- Accepted Time:
- 2015-01-06 17:49:18
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1312073 | Verifone Systems Inc. | PAY | Calculating & Accounting Machines (No Electronic Computers) (3578) | 043692546 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1563920 | Jennifer Miles | C/O Verifone Systems, Inc. 2099 Gateway Place, Suite 600 San Jose CA 95110 | President, Verifone Americas | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock, Par Value $0.01 Per Share | Acquisiton | 2015-01-02 | 1,538 | $0.00 | 2,021 | No | 4 | M | Direct | |
| Common Stock, Par Value $0.01 Per Share | Disposition | 2015-01-02 | 819 | $37.35 | 1,202 | No | 4 | F | Direct | |
| Common Stock, Par Value $0.01 Per Share | Acquisiton | 2015-01-05 | 715 | $0.00 | 1,917 | No | 4 | M | Direct | |
| Common Stock, Par Value $0.01 Per Share | Disposition | 2015-01-05 | 381 | $36.96 | 1,536 | No | 4 | F | Direct | |
| Common Stock, Par Value $0.01 Per Share | Acquisiton | 2015-01-06 | 4,375 | $19.99 | 5,911 | No | 4 | M | Direct | |
| Common Stock, Par Value $0.01 Per Share | Acquisiton | 2015-01-06 | 3,647 | $14.29 | 9,558 | No | 4 | M | Direct | |
| Common Stock, Par Value $0.01 Per Share | Disposition | 2015-01-06 | 8,022 | $36.72 | 1,536 | No | 4 | S | Direct | |
| Common Stock, Par Value $0.01 Per Share | Acquisiton | 2015-01-06 | 6,250 | $7.68 | 7,786 | No | 4 | M | Direct | |
| Common Stock, Par Value $0.01 Per Share | Disposition | 2015-01-06 | 6,250 | $36.67 | 1,536 | No | 4 | S | Direct | |
| Common Stock, Par Value $0.01 Per Share | Disposition | 2015-01-06 | 1,053 | $36.86 | 483 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock, Par Value $0.01 Per Share | Restricted Stock Units | Disposition | 2015-01-02 | 1,538 | $0.00 | 1,538 | $0.00 |
| Common Stock, Par Value $0.01 Per Share | Restricted Stock Units | Disposition | 2015-01-05 | 715 | $0.00 | 715 | $0.00 |
| Common Stock, Par Value $0.01 Per Share | Restricted Stock Units | Acquisiton | 2015-01-02 | 13,750 | $0.00 | 13,750 | $0.00 |
| Common Stock, Par Value $0.01 Per Share | Restricted Stock Units | Acquisiton | 2015-01-02 | 13,750 | $0.00 | 13,750 | $0.00 |
| Common Stock, Par Value $0.01 Per Share | Stock Options (right to buy) | Disposition | 2015-01-06 | 4,375 | $0.00 | 4,375 | $19.99 |
| Common Stock, Par Value $0.01 Per Share | Stock Options (right to buy) | Disposition | 2015-01-06 | 6,250 | $0.00 | 6,250 | $7.68 |
| Common Stock, Par Value $0.01 Per Share | Stock Options (right to buy) | Disposition | 2015-01-06 | 3,647 | $0.00 | 3,647 | $14.29 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 12,300 | No | 4 | M | Direct | ||
| 0 | No | 4 | M | Direct | ||
| 13,750 | No | 4 | A | Direct | ||
| 13,750 | No | 4 | A | Direct | ||
| 0 | 2015-09-02 | No | 4 | M | Direct | |
| 0 | 2016-07-01 | No | 4 | M | Direct | |
| 0 | 2016-11-06 | No | 4 | M | Direct |
Footnotes
- 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.
- 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.
- Transaction effected pursuant to a Rule 10b5-1 Plan.
- 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.
- 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.
- 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.
- 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.
- 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.
- The stock options underlying this grant are fully exercisable as they previously vested.
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