Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | EVOP | Class A Common Stock | Options Exercise | $0 | +4.89K | +47.74% | $0.00 | 15.1K | Feb 26, 2022 | Direct | F1 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | EVOP | Restricted Stock Units | Options Exercise | $0 | -4.89K | -33.33% | $0.00 | 9.78K | Feb 26, 2022 | Class A Common Stock | 4.89K | Direct | F1 | |
transaction | EVOP | Restricted Stock Units | Award | $0 | +13.7K | $0.00 | 13.7K | Feb 24, 2022 | Class A Common Stock | 13.7K | Direct | F2 | ||
transaction | EVOP | Performance Stock Units | Award | $0 | +6.86K | $0.00 | 6.86K | Feb 24, 2022 | Class A Common Stock | 6.86K | Direct | F3, F4 |
Id | Content |
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F1 | Represents vesting of restricted stock units ("RSUs") granted on February 26, 2021. Each RSU converts into one share of Class A common stock, par value $0.0001 per share ("Class A Common Stock"), of EVO Payments, Inc. (the "Issuer") on a one-for-one basis. |
F2 | Each RSU represents the right to acquire one share of Class A Common Stock. The RSUs will vest ratably on February 24, 2023, 2024 and 2025. |
F3 | Each performance stock unit ("PSU") represents a contingent right to receive shares of Class A Common Stock. The PSUs cliff vest and become exercisable subject to both a time-vesting and a performance-vesting condition. The time-vesting condition is satisfied on March 31, 2025. The performance-vesting condition requires that, prior to March 31, 2025, the Issuer's twenty trading day trailing average closing price for its Class A Common Stock must equal or exceed the target stock price for a period of twenty consecutive trading days. PSUs only vest upon the satisfaction of both conditions. If the performance-vesting condition is not satisfied prior to March 31, 2025, all PSUs will be immediately forfeited. |
F4 | The number of shares of Class A Common Stock delivered on settlement of the PSU (i) may be increased to up to 200% of the amount listed based on the amount by which the Issuer's twenty trading day trailing average closing price for its Class A Common Stock exceeds the target stock price during the period prior to March 31, 2025, and (ii) will not exceed 400% of the fair market value of the Class A Common Stock on the grant date. |