Gary Norcross - Aug 5, 2021 Form 4 Insider Report for Fidelity National Information Services, Inc. (FIS)

Signature
/s/ Charles H. Keller, attorney-in-fact for Gary A. Norcross
Stock symbol
FIS
Transactions as of
Aug 5, 2021
Transactions value $
-$862,215
Form type
4
Date filed
8/9/2021, 05:18 PM
Next filing
Dec 29, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FIS Common Stock Award $0 +16.5K +2.01% $0.00 837K Aug 5, 2021 Direct F1
transaction FIS Common Stock Tax liability -$862K -6.66K -0.8% $129.52 830K Aug 5, 2021 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On August 8, 2019, the reporting person was granted performance stock units ("PSUs") pursuant to the Worldpay Integration Incentive Plan (the "Integration Plan"). Fifty percent of the target grant amount is based on the satisfaction of revenue synergy targets and fifty percent of the target grant amount is based on the satisfaction of expense synergy targets, each of which is measured over a three-year period. Under the terms of the Integration Plan, the FIS Compensation Committee determined that the actual revenue synergy amount as of the second measurement period ending on June 30, 2021 resulted in a vesting at fifty percent of the fifty percent revenue synergy target grant amount.
F2 Represents shares withheld to cover tax withholding obligations for the PSUs that vested on August 5, 2021.