A. Rodriguez Gonzalez - 28 Feb 2025 Form 4 Insider Report for EVERTEC, Inc. (EVTC)

Signature
/s/Belmary Rivera-Alvarez by Power of Attorney
Issuer symbol
EVTC
Transactions as of
28 Feb 2025
Net transactions value
+$754,001
Form type
4
Filing time
04 Mar 2025, 17:56:29 UTC
Previous filing
05 Aug 2024
Next filing
07 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EVTC Common Stock Award $519,997 +13,926 +35% $37.34 53,296 28 Feb 2025 Direct F1
transaction EVTC Common Stock Award $234,004 +6,171 +12% $37.92 59,467 04 Mar 2025 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reports a grant on February 28, 2025 of restricted stock units with time-based vesting, which will vest in substantially three equal installments on the anniversary of the grant date in 2026, 2027 and 2028, in each case subject to earlier vesting upon a termination of service in certain circumstances.
F2 Represents shares of fully vested stock issued as a result of the vesting of performance-based restricted stock units which were originally granted on February 25, 2022, and were earned based on the Issuer's achievement of an adjusted EBITDA target for 2022, subject to a total shareholder return modifier over a three-year performance period.