Guy Chiarello - Mar 15, 2024 Form 4 Insider Report for FISERV INC (FI)

Role
Chief Operating Officer
Signature
/s/ Eric C. Nelson (attorney-in-fact)
Stock symbol
FI
Transactions as of
Mar 15, 2024
Transactions value $
-$2,461,343
Form type
4
Date filed
3/18/2024, 04:17 PM
Previous filing
Feb 27, 2024
Next filing
Mar 21, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FI Common Stock Options Exercise $1.13M +24K +14.66% $46.97 188K Mar 15, 2024 Direct F1
transaction FI Common Stock Sale -$624K -4.21K -2.24% $148.33 183K Mar 15, 2024 Direct F1, F2
transaction FI Common Stock Sale -$2.96M -19.8K -10.79% $149.78 164K Mar 15, 2024 Direct F1, F3
holding FI Common Stock 37.4K Mar 15, 2024 By Trust F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction FI Employee Stock Option (right to buy) Options Exercise $0 -24K -50.07% $0.00 23.9K Mar 15, 2024 Common Stock 24K $46.97 Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 This option exercise and sale was effected pursuant to a Rule 10b5-1 trading plan entered into by the reporting person on December 15, 2023, for estate and financial planning purposes.
F2 This transaction was executed in multiple trades at prices ranging from $148.30 to $149.27. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F3 This transaction was executed in multiple trades at prices ranging from $149.32 to $150.15. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F4 Held by The Denise Chiarello 2021 Trust for the benefit of the reporting person and the reporting person's children and of which the reporting person serves as trustee.
F5 This option vested in three equal installments on each anniversary of January 1, 2015.