Home > Insider Trading > Filing (0001144354-13-000083)

Filing Details

Accession Number:: 0001144354-13-000083
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2013-05-14 18:54:20
Reporting Period:: 2013-05-11

Filing Date:: 2013-05-14
Accepted Time:: 2013-05-14 18:54:20
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

Show Other Fields >>

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	2013-05-11	66,250	$0.00	160,482	No	4	M	Direct
Common Stock, Par Value $0.001 Per Share	Disposition	2013-05-11	28,124	$31.34	132,358	No	4	F	Direct
Common Stock, Par Value $0.001 Per Share	Acquisiton	2013-05-14	348,750	$0.00	481,108	No	4	M	Direct
Common Stock, Par Value $0.001 Per Share	Disposition	2013-05-14	204,000	$31.97	277,108	No	4	S	Direct

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

Reported Derivative Transactions

Show Other Fields >>

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Restricted Stock Unit	Disposition	2013-05-11	66,250	$0.00	66,250	$0.00
Common Stock	Stock Option (right to buy)	Disposition	2013-05-14	116,250	$0.00	116,250	$8.88
Common Stock	Stock Option (right to buy)	Disposition	2013-05-14	116,250	$0.00	116,250	$8.88
Common Stock	Stock Option (right to buy)	Disposition	2013-05-14	116,250	$0.00	116,250	$8.88

Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
	No	4	M	Direct
2014-05-11	No	4	M	Direct
2014-05-11	No	4	M	Direct
2014-05-11	No	4	M	Direct

Footnotes

Each vested restricted stock unit was the economic equivalent of one share of common stock of Heartland Payment Systems, Inc. (the "Issuer"). The reporting person settled the vested restricted stock units for shares of the Issuer's common stock.
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.
The reporting person authorized the Issuer to withhold shares of common stock to satisfy tax obligations arising from the vesting of the restricted stock units described in this Form 4.
This price is the weighted average price of the 204,000 shares sold. The prices of the shares of the common stock of the Issuer sold ranged from $31.72 to $32.17. 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 sold.
Each restricted stock unit represents a contingent right to receive one share of the common stock of the Issuer.
On May 11, 2009, the restricted stock units were granted with vesting in four equal installments over a four year period. As of the date of this filing, 265,00 of the restricted stock units have vested and 0 restricted stock units remain unvested. Shares of the Issuer's common stock will be delivered to the reporting person as soon as administratively practicable following the vesting of the restricted stock units.
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 all of the stock options have vested.
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 $17.76 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 $17.76 for 30 consecutive trading days so, as of the date of this filing, all of the stock options have vested.
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.