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Filing Details

Accession Number:: 0001144354-12-000084
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2012-05-18 13:00:00
Reporting Period:: 2012-05-16

Filing Date:: 2012-05-18
Accepted Time:: 2012-05-18 17:27:25
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1144354	Heartland Payment Systems Inc	HPY	Services-Business Services, Nec (7389)	000000000

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1331595	O Robert Carr	C/O Heartland Payment Systems, Inc. 90 Nassau Street Princeton NJ 08542	Chairman Of The Board And Ceo	Yes	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock, Par Value $0.001 Per Share	Acquisiton	2012-05-16	28,946	$8.88	102,894	No	4	M	Direct
Common Stock, Par Value $0.001 Per Share	Disposition	2012-05-16	34,646	$30.54	68,248	No	4	S	Direct
Common Stock, Par Value $0.001 Per Share	Acquisiton	2012-05-17	34,973	$8.88	103,221	No	4	M	Direct
Common Stock, Par Value $0.001 Per Share	Disposition	2012-05-17	43,863	$29.22	59,358	No	4	S	Direct
Common Stock, Par Value $0.001 Per Share	Disposition	2012-05-17	8,518	$30.06	50,840	No	4	S	Direct
Common Stock, Par Value $0.001 Per Share	Acquisiton	2012-05-18	8,310	$8.88	59,150	No	4	M	Direct
Common Stock, Par Value $0.001 Per Share	Acquisiton	2012-05-18	23,233	$8.88	82,383	No	4	M	Direct
Common Stock, Par Value $0.001 Per Share	Disposition	2012-05-18	47,448	$28.77	34,935	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	S	Direct
No	4	M	Direct
No	4	S	Direct
No	4	S	Direct
No	4	M	Direct
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Stock Option (right to buy)	Disposition	2012-05-16	28,946	$0.00	28,946	$8.88
Common Stock	Stock Option (right to buy)	Disposition	2012-05-17	34,973	$0.00	34,973	$8.88
Common Stock	Stock Option (right to buy)	Disposition	2012-05-18	8,310	$0.00	8,310	$8.88
Common Stock	Stock Option (right to buy)	Disposition	2012-05-18	23,233	$0.00	23,233	$8.88

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
159,533	2014-05-11	No	4	M	Direct
124,560	2014-05-11	No	4	M	Direct
116,250	2014-05-11	No	4	M	Direct
209,267	2014-05-11	No	4	M	Direct

Footnotes

The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 9, 2012.
This price is the weighted average price of the 34,646 shares of Heartland Payment Systems, Inc.'s (the "Issuer") common stock sold. The prices actually paid for the shares of the Issuer's common stock sold ranged from $30.15 to $30.77. The reporting person will provide to the Issuer, any security holder of the Issuer or the SEC Staff, upon request, information regarding the number of shares sold at each price within the range of prices actually paid.
This price is the weighted average price of the 43,863 shares of the Issuer's common stock sold. The prices actually paid for the shares of the Issuer's common stock sold ranged from $28.96 to $29.95. The reporting person will provide to the Issuer, any security holder of the Issuer or the SEC Staff, upon request, information regarding the number of shares sold at each price within the range of prices actually paid.
This price is the weighted average price of the 8,518 shares of the Issuer's common stock sold. The prices actually paid for the shares of the Issuer's common stock sold ranged from $29.96 to $30.24. The reporting person will provide to the Issuer, any security holder of the Issuer or the SEC Staff, upon request, information regarding the number of shares sold at each price within the range of prices actually paid.
This price is the weighted average price of the 47,448 shares of the Issuer's common stock sold. The prices actually paid for the shares of the Issuer's common stock sold ranged from $28.41 to $29.30. The reporting person will provide to the Issuer, any security holder of the Issuer or the SEC Staff, upon request, information regarding the number of shares sold at each price within the range of prices actually paid.
The reporting person's indirect beneficial ownership consists of 108,487 shares of the Issuer's common stock held by The Robert O. Carr 2000 Irrevocable Trust for Emily Carr. The reporting person disclaims beneficial ownership of the Issuer's common stock held by The Robert O. Carr 2000 Irrevocable Trust for Emily Carr. This report shall not be deemed an admission that the reportingperson is the beneficial owner of the shares of the Issuer's common stock for purposes of Section 16 or for any other purpose.
On May 11, 2009, the stock options were granted with vesting in four equal installments over a four year period if the closing price of the common stock of the Issuer was $26.64 or greater for 30 consecutive trading days at any time before the option expired. The closing price of the common stock of the Issuer has exceeded $26.64 for 30 consecutive trading days so, as of the date of this filing, 348,750 of the stock options have vested and 116,250 stock options remain unvested.
On May 11, 2009, the stock options were granted with vesting in four equal installments over a four year period. As of the date of this filing, 348,750 of the stock options have vested and 116,250 stock options remain unvested.