Filing Details

Accession Number:
0001144354-12-000076
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-05-09 15:24:03
Reporting Period:
2012-05-03
Filing Date:
2012-05-09
Accepted Time:
2012-05-09 15:24:03
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
1332508 F George Raymond C/O Heartland Payment Systems, Inc.
90 Nassau Street
Princeton NJ 08542
Yes 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, Par Value $0.001 Per Share Acquisiton 2012-05-03 3,198 $0.00 9,198 No 4 J Direct
Common Stock, Par Value $0.001 Per Share Disposition 2012-05-03 1,008 $32.42 8,190 No 4 F Direct
Common Stock, Par Value $0.001 Per Share Disposition 2012-05-07 2,190 $30.76 6,000 No 4 S Direct
Common Stock, Par Value $0.001 Per Share Acquisiton 2012-05-09 5,000 $27.40 11,000 No 4 M Direct
Common Stock, Par Value $0.001 Per Share Disposition 2012-05-09 5,000 $30.33 6,000 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 J Direct
No 4 F Direct
No 4 S Direct
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 Restricted Stock Unit Acquisiton 2012-05-04 2,426 $0.00 2,426 $0.00
Common Stock Stock Option (right to buy) Disposition 2012-05-09 5,000 $27.40 5,000 $27.40
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
2,426 No 4 A Direct
0 2007-12-20 2012-12-20 No 4 M Direct
Footnotes
  1. Shares acquired upon vesting of restricted stock units granted to the reporting person on December 21, 2011 and reported on a Form 4 filed on December 22, 2011.
  2. The reporting person reported all restricted stock units granted to the reporting person on December 21, 2011 in Table I of the Form 4 filed on December 22, 2011. As such, no adjustment to the reporting person's beneficial ownership needs to be made to reflect this vesting event.
  3. Shares were withheld from the reporting person, in an exempt transaction under Rule 16b-3, solely to satisfy tax obligations arising from the vesting of the restricted stock described in this Form 4.
  4. This price is the weighted average price of the 2,190 shares of Heartland Payment Systems, Inc.'s (the "Issuer") common stock sold. The prices actually paid for the shares of the Issuer's common stock sold ranged from $30.75 to $30.78. 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 paid.
  5. This price is the weighted average price of the 5,000 shares of the Issuer's common stock sold. The prices actually paid for the shares of the Issuer's common stock sold ranged from $30.31 to $30.43. 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 paid.
  6. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
  7. The restricted stock units vest upon the earlier of: (i) May 4, 2013 and (ii) the first business day preceding the date of the Issuer's 2013 annual meeting of stockholders, so long as the reporting person remains in Continuous Service (as such term is defined in the Issuer's 2008 Equity Incentive Plan, as amended and restated)