Catherine E. Lafiandra - 24 Feb 2022 Form 4 Insider Report for EVO Payments, Inc.

Role: Chief HR Officer
Signature: /s/ Kelli E. Sterrett, attorney-in-fact
Issuer symbol: N/A
Transactions as of: 24 Feb 2022
Net transactions value: $0
Form type: 4
Filing time: 28 Feb 2022, 20:02:43 UTC
Previous filing: 25 May 2021
Next filing: 01 Mar 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	EVOP	Class A Common Stock	Options Exercise	$0	+4,890	+48%	$0.000000	15,132	26 Feb 2022	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	EVOP	Restricted Stock Units	Options Exercise	$0	-4,890	-33%	$0.000000	9,780	26 Feb 2022	Class A Common Stock	4,890		Direct	F1
transaction	EVOP	Restricted Stock Units	Award	$0	+13,719		$0.000000	13,719	24 Feb 2022	Class A Common Stock	13,719		Direct	F2
transaction	EVOP	Performance Stock Units	Award	$0	+6,860		$0.000000	6,860	24 Feb 2022	Class A Common Stock	6,860		Direct	F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
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.