Gary Norcross - Nov 7, 2022 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
Nov 7, 2022
Transactions value $
-$1,204,652
Form type
4
Date filed
11/9/2022, 03:23 PM
Previous filing
Sep 13, 2022

Transactions Table

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
* 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 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.