Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | FIS | Common Stock | Award | $0 | +49.5K | +5.84% | $0.00 | 897K | Nov 7, 2022 | Direct | F1 |
transaction | FIS | Common Stock | Tax liability | -$1.2M | -19.5K | -2.17% | $61.85 | 877K | Nov 7, 2022 | Direct | F2 |
Id | Content |
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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 was based on the satisfaction of revenue synergy targets and fifty percent of the target grant amount was based on the satisfaction of expense synergy targets, each of which was 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 final measurement period ending on September 30, 2022, resulted in a vesting at seventy-five 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 November 7, 2022. |