Filing Details

Accession Number:
0001562180-22-002529
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-03-10 19:45:27
Reporting Period:
2022-03-08
Accepted Time:
2022-03-10 19:45:27
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1559865 Evertec Inc. EVTC Services-Computer Processing & Data Preparation (7374) 660783622
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1750247 A. Joaquin Castrillo-Salgado Po Box 364527
San Juan PR 00936-4527
Evp & Cfo No No 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 Disposition 2022-03-08 4,303 $39.29 63,329 No 4 F Direct
Common Stock Acquisiton 2022-03-08 10,587 $39.29 73,916 No 4 A Direct
Common Stock Disposition 2022-03-10 25,000 $38.03 48,916 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 F Direct
No 4 A Direct
No 4 S Direct
Footnotes
  1. Reflects shares of common stock withheld by the Issuer to pay the tax liability of the Reporting Person as follows: (i) 951 shares withheld in connection with the vesting of restricted stock units ("RSUs") granted on February 22, 2019; (ii) 1,515 shares withheld in connection with the vesting of RSUs granted on February 27, 2020; and (iii) 1,837 shares withheld in connection with the vesting of RSUs granted on March 2, 2021.
  2. Represents shares of fully-vested stock issued as a result of the vesting of performance-based RSUs which were originally granted on February 22, 2019 and were earned based on the Issuer's achievement of an adjusted EBITDA target for 2019, subject to a total shareholder return modifier over a three-year performance period.
  3. Represents the weighted average sales price per share. The shares were sold at prices ranging from $37.95 to $38.12 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.