Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | JKHY | Restricted Stock Units | Options Exercise | $0 | -983 | -100% | $0.00* | 0 | Nov 13, 2023 | Common Stock | 983 | Direct | F1, F2 | |
transaction | JKHY | Vested Restricted Stock Units | Options Exercise | $0 | +983 | $0.00 | 983 | Nov 13, 2023 | Common Stock | 983 | Direct | F3 |
Id | Content |
---|---|
F1 | Each restricted stock unit is the economic equivalent of one share of JKHY common stock and represents a contingent right to receive one share of JKHY common stock or, at the Issuer's option, the cash value thereof. |
F2 | On November 18, 2022, the reporting person was granted restricted stock units, vesting in full on the earlier of (1) the day before the Issuer's 2023 Annual Meeting of Stockholders or (2) the first anniversary of the grant date. |
F3 | The reporting person has elected to defer settlement of 983 restricted stock units, which have fully vested and will become payable, in cash or common stock, at the Issuer's option, upon the reporting person's termination as a director or on specified future dates, pursuant to the reporting person's elections under the Issuer's Non-Employee Director Deferred Compensation Plan. Each vested restricted stock unit is the economic equivalent of one share of JKHY common stock. |