Thomas E. Panther - Mar 24, 2023 Form 4 Insider Report for EVO Payments, Inc. (EVOP)

Signature
/s/ Steven J. de Groot, Attorney-in-Fact
Stock symbol
EVOP
Transactions as of
Mar 24, 2023
Transactions value $
$0
Form type
4
Date filed
3/28/2023, 09:06 PM
Previous filing
Mar 2, 2023
Next filing
May 12, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EVOP Class A Common Stock Disposed to Issuer -43.6K -100% 0 Mar 24, 2023 Direct F1

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 EVOP Restricted Stock Units Disposed to Issuer -6.87K -100% 0 Mar 24, 2023 Class A Common Stock 6.87K Direct F1, F3
transaction EVOP Restricted Stock Units Disposed to Issuer -4.95K -100% 0 Mar 24, 2023 Class A Common Stock 4.95K Direct F1, F3
transaction EVOP Restricted Stock Units Disposed to Issuer -12.6K -100% 0 Mar 24, 2023 Class A Common Stock 12.6K Direct F1, F3, F4
transaction EVOP Restricted Stock Units Disposed to Issuer -21.4K -100% 0 Mar 24, 2023 Class A Common Stock 21.4K Direct F1, F3
transaction EVOP Performance Stock Units Disposed to Issuer -20K -100% 0 Mar 24, 2023 Class A Common Stock 20K Direct F2, F3, F5
transaction EVOP Performance Stock Units Disposed to Issuer -16K -100% 0 Mar 24, 2023 Class A Common Stock 16K Direct F2, F3, F6
transaction EVOP Options (right to buy) Disposed to Issuer -19.9K -100% 0 Mar 24, 2023 Class A Common Stock 19.9K $27.28 Direct F8
transaction EVOP Options (right to buy) Disposed to Issuer -15.4K -100% 0 Mar 24, 2023 Class A Common Stock 15.4K $25.28 Direct F8
transaction EVOP Options (right to buy) Disposed to Issuer -22.1K -100% 0 Mar 24, 2023 Class A Common Stock 22.1K $25.46 Direct F7, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Thomas E. Panther is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 As of the Transaction Date and pursuant to a merger agreement between the Issuer and Global Payments Inc. (the "Merger Agreement"), RSUs were canceled in exchange for a total cash payment of $1,556,384.00, representing the number of shares multiplied by the applicable consideration amount required in the Merger Agreement. The cash payment includes $233,716.00 for 6,874 units (which would have vested on the fourth anniversary of 11/18/2019), $168,130.00 for 4,945 units (which would have vested on the fourth anniversary of 2/28/2020), $427,346.00 for 12,569 units, and $727,192.00 for 21,388 units (which would have vested ratably on the second and third anniversary of 2/24/2022). Vested shares were also canceled and provided consideration pursuant to the Merger Agreement.
F2 As of the Transaction Date and pursuant to the Merger Agreement, PSUs were canceled in exchange for a total cash payment of $1,225,326.00, representing the number of shares multiplied by the applicable consideration amount required in the Merger Agreement. The cash payment includes $679,932.00 for 19,998 units and $545,394.00 for 16,041 units.
F3 Upon vesting, restricted stock units and performance stock units convert to shares of Issuer common stock on a one-for-one basis.
F4 The RSU grant provided for vesting of 12,569 units on the third anniversary of 2/26/2021.
F5 The PSU grant provided for vesting of 19,998 units on 2/24/2025, subject to satisfying additional performance conditions.
F6 The PSU grant provided for vesting of 16,041 units on 3/31/2025, subject to satisfying additional performance conditions.
F7 The options grant provided for vesting of 22,112 units on the third anniversary of 2/26/2021.
F8 As of the Transaction Date and pursuant to the Merger Agreement, option rights were canceled in exchange for a total cash payment of $457,276.96, representing the number of shares multiplied by the applicable consideration amount required in the Merger Agreement. The cash payment includes $134,030.40 for 19,945 units, $134,410.08 for 15,414 units, and $188,836.48 for 22,112 units.