Filing Details
- Accession Number:
- 0001181431-11-026586
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2011-05-03 14:08:53
- Reporting Period:
- 2011-05-02
- Filing Date:
- 2011-05-03
- Accepted Time:
- 2011-05-03 14:08:53
- 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 |
|---|---|---|---|---|---|---|---|
| 1449231 | Eliezer Yanay | C/O Verifone Systems, Inc. 2099 Gateway Place, Suite 600 San Jose CA 95100 | President, Verifone Israel | 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock Par Value $0.01 Per Share | Acquisiton | 2011-05-02 | 75,000 | $7.46 | 75,000 | No | 4 | M | Direct | |
| Common Stock Par Value $0.01 Per Share | Disposition | 2011-05-02 | 75,000 | $53.73 | 0 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock Par Value $0.01 Per Share | Employee Stock Option (right to buy) | Disposition | 2011-05-02 | 25,000 | $0.00 | 25,000 | $7.46 |
| Common Stock Par Value $0.01 Per Share | Employee Stock Option (right to buy) | Disposition | 2011-05-02 | 50,000 | $0.00 | 50,000 | $7.46 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 25,000 | 2016-05-01 | No | 4 | M | Direct | |
| 0 | 2016-05-01 | No | 4 | M | Direct |
Footnotes
- 25% of these options became exercisable on 5/1/2010 and an additional 6.25% of these options became exercisable at the end of each subsequent three month period thereafter.
- 100% of these options became exercisable on 10/31/2010.
- The Sale was effected by Mr. Yanay to a Rule 10b5-1 sales plan effective as of December 21, 2010.
Billionaire Hedge Funds
