John Coughlin - 27 Mar 2021 Form 4 Insider Report for FLEETCOR TECHNOLOGIES INC (CPAY)

Signature
/s/ Crystal Williams, under power of attorney
Issuer symbol
CPAY
Transactions as of
27 Mar 2021
Net transactions value
+$8,104,702
Form type
4
Filing time
11 Feb 2022, 19:56:57 UTC

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLT Common Stock Award $0 +2,549 +12% $0.000000 23,093 27 Mar 2021 Direct F1
transaction FLT Common Stock Award $0 +4,732 +20% $0.000000 27,825 25 Jan 2022 Direct F2
transaction FLT Common Stock Tax liability $170,215 -755 -2.7% $225.45 27,070 25 Jan 2022 Direct F3

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 FLT Employee Stock Options Award $8,274,917 +36,704 $225.45 36,704 24 Jan 2022 Common Stock 36,704 $225.45 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 A restricted stock award that became subject to time-based vesting upon achievement of performance criteria as of reported transaction date, but omitted as a result of administrative oversight. Restricted stock award vests ratably (50%) on each of March 27, 2022 and 2023.
F2 Performance-based restricted stock vested as to 2,433 shares; remaining restricted stock will vest ratably on each of January 25, 2023 and 2024.
F3 Payment of tax liability by withholding securities incident to the vesting of a security issued in accordance with Rule 16b-3
F4 Options vest ratably (25%) annually on each January 24, 2023, 2024, 2025 and 2026.