Sanchez Adalio T. - 31 Dec 2022 Form 5 Insider Report for ACI WORLDWIDE, INC. (ACIW)

Role
Director
Signature
/s/ Adalio T Sanchez
Issuer symbol
ACIW
Transactions as of
31 Dec 2022
Net transactions value
$0
Form type
5
Filing time
14 Feb 2023, 15:15:58 UTC
Previous filing
11 Aug 2022
Next filing
05 Jan 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ACIW Common Stock Gift $0 -1,792 -16% $0.000000 9,667 09 Sep 2022 Direct F1, F2, F3, F4, F5
transaction ACIW Common Stock Gift $0 +1,792 $0.000000 1,792 09 Sep 2022 by Trust F1
holding ACIW Common Stock 11,292 31 Dec 2022 by GRAT #2 F4
holding ACIW Common Stock 56,263 31 Dec 2022 by GRAT #3 F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On September 9, 2022, 1,792 Issuer shares were transferred from a grantor retained annuity trust ("GRAT") dated July 9, 2020 ("GRAT #1) to a trust regarding which Mr. Sanchez's spouse is trustee and Mr. Sanchez's child is the beneficiary (the "Trust"). GRAT #1's shares were previously shown as directly held.
F2 Mr. Sanchez was the sole settlor, trustee and annuitant of GRAT #1.
F3 On September 9, 2022, 30,039 Issuer shares were distributed from GRAT #1 to Mr. Sanchez and then contributed to a GRAT dated September 9, 2022 ("GRAT #3"). Mr. Sanchez is the sole settlor, trustee and annuitant of GRAT #3.
F4 On September 9, 2022, 19,784 Issuer shares were distributed from a GRAT dated August 25, 2021 ("GRAT #2") to Mr. Sanchez and then contributed to GRAT #3. Mr. Sanchez is the sole settlor, trustee and annuitant of GRAT #2. GRAT #2's shares were previously shown as directly held.
F5 On September 9, 2022, 6,440 Issuer shares were contributed from Mr. Sanchez's direct holdings to GRAT #3.