Filing Details
- Accession Number:
- 0001562180-24-002557
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-03-11 18:08:03
- Reporting Period:
- 2024-03-07
- Accepted Time:
- 2024-03-11 18:08:03
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1559865 | Evertec Inc. | EVTC | () | 4 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1407607 | M Morgan Schuessler | Po Box 364527 San Juan PR 00936-4527 | President & Ceo | 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 | Acquisiton | 2024-03-07 | 125,595 | $36.92 | 466,485 | No | 4 | A | Direct | |
| Common Stock | Disposition | 2024-03-07 | 18,544 | $36.92 | 447,941 | No | 4 | F | Direct | |
| Common Stock | Disposition | 2024-03-07 | 99,600 | $37.19 | 348,341 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2024-03-07 | 400 | $37.92 | 347,941 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2024-03-08 | 59,514 | $37.03 | 288,427 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | A | Direct | |
| No | 4 | F | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct |
Footnotes
- Represents shares of fully vested stock issued as a result of the vesting of performance-based restricted stock units ("RSUs") which were originally granted on March 2, 2021, and were earned based on the Issuer's achievement of an adjusted EBITDA target for 2021, subject to a total shareholder return modifier over a three-year performance period.
- Reflects shares of common stock withheld by the Issuer to pay the tax liability of the Reporting Person as follows: (i) 6,009 shares withheld in connection with the vesting of RSUs granted on March 2, 2021; (ii) 5,719 shares withheld in connection with the vesting of RSUs granted on February 25, 2022; and (iii) 6,816 shares withheld in connection with the vesting of RSUs granted on February 24, 2023.
- Represents the weighted average sales price per share. The shares were sold at prices ranging from $36.80 to $37.79 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.
- Represents the weighted average sales price per share. The shares were sold at prices ranging from $37.815 to $37.96 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.
- Represents the weighted average sales price per share. The shares were sold at prices ranging from $36.83 to $37.35 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.
Billionaire Hedge Funds
