Erik D. Hoag - 28 Feb 2023 Form 4 Insider Report for Fidelity National Information Services, Inc. (FIS)

Signature
/s/ Charles H. Keller, attorney-in-fact for Erik D. Hoag
Issuer symbol
FIS
Transactions as of
28 Feb 2023
Net transactions value
+$5,597,535
Form type
4
Filing time
02 Mar 2023, 16:54:09 UTC
Previous filing
09 Nov 2022
Next filing
09 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FIS Common Stock Options Exercise $0 +1,400 +9.2% $0.000000 16,695 01 Mar 2023 Direct
transaction FIS Common Stock Tax liability $24,461 -386 -2.3% $63.37 16,309 01 Mar 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 FIS Restricted Stock Units Options Exercise $0 -1,400 -33% $0.000000 2,800 01 Mar 2023 Common Stock 1,400 $0.000000 Direct F2, F3
transaction FIS Restricted Stock Units Award $0 +16,569 $0.000000 16,569 28 Feb 2023 Common Stock 16,569 $0.000000 Direct F2, F3
transaction FIS Stock Option (Right to Buy) Award $5,621,996 +88,717 $63.37 88,717 28 Feb 2023 Common Stock 88,717 $63.37 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares to satisfy withholding tax obligation for Restricted Stock Unit vesting.
F2 Each restricted stock unit represents a contingent right to receive one share of FIS common stock.
F3 The restricted stock units vest and distribute in three equal annual installments on each anniversary date.
F4 The non-qualified stock option was granted as a premium-price stock option. To calculate the premium exercise price for each tranche we used the closing price on February 28, 2023 of $63.37 and multiplied by 15% for tranche 1, 25% for tranche 2 and 30% above for tranche 3.
F5 The non-qualified stock option was granted as a premium-price stock option. 26,915 shares will vest and become exercisable on February 28, 2024 with an exercise price of $72.88, 30,069 shares will vest and become exercisable on February 28, 2025 with an exercise price of $79.21, and 31,733 shares will vest and become exercisable on February 28, 2026 with an exercise price of $82.38.