Filing Details
- Accession Number:
- 0001181431-13-022966
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2013-04-19 20:13:16
- Reporting Period:
- 2013-04-17
- Filing Date:
- 2013-04-19
- Accepted Time:
- 2013-04-19 20:13:16
- 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 |
---|---|---|---|---|---|---|---|
1573744 | E. Philip Steurer | C/O Evertec, Inc., Cupey Center Building Road 176, Kilometer 1.3 San Juan PR 00926 | Chief Operating Officer | 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 |
---|---|---|---|---|---|---|---|---|---|---|
Class B Non-Voting Common Stock | Disposition | 2013-04-11 | 33,112 | $0.00 | 0 | No | 4 | D | Direct | |
Common Stock | Acquisiton | 2013-04-11 | 33,112 | $0.00 | 33,112 | No | 4 | A | Direct | |
Common Stock | Acquisiton | 2013-04-17 | 2,500 | $20.00 | 35,612 | No | 4 | P | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | D | Direct | |
No | 4 | A | Direct | |
No | 4 | P | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Stock Option (right to buy) | Acquisiton | 2013-04-17 | 300,000 | $0.00 | 300,000 | $6.04 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
300,000 | 2013-04-17 | 2022-08-01 | No | 4 | A | Direct |
Footnotes
- On April 11, 2013, the Issuer's "class B non-voting common stock" was converted to "class A common stock" and on April 17, 2013, the "class A common stock" was renamed "common stock. All shares of common stock are subject to a lock-up agreement (the "Lock-Up Agreement") entered into by the Reporting Person in connection with the Issuer's initial public offering, which restricts the Reporting Person's ability to sell or otherwise dispose of such shares prior to October 9, 2013.
- Options related to 200,000 shares of common stock are currently vested and exercisable and the remaining options vest and become exercisable in five substantially equal installments on August 1, 2013, August 1, 2014, August 1, 2015, August 1, 2016 and August 1, 2017. The currently vested options vested and became exercisable on April 17, 2013 due to the satisfaction of investor internal rate of return targets due to the consummation of the initial public offering. All shares issued upon exercise of any options will be subject to the Lock-Up Agreement.