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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

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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 $0.01 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
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

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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	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.