Thomas E. Panther - 24 Mar 2023 Form 4 Insider Report for EVO Payments, Inc.

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
28 Mar 2023, 21:06:31 UTC
Prior SEC filing
02 Mar 2023
Next SEC filing
12 May 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Steven J. de Groot, Attorney-in-Fact

Key filing fact

Thomas E. Panther filed Form 4 for EVO Payments, Inc. on 28 Mar 2023.

Key facts

  • This page summarizes Thomas E. Panther's Form 4 filing for EVO Payments, Inc..
  • 10 reported transactions and 9 derivative rows are listed below.
  • Accepted by SEC: 28 Mar 2023, 21:06.

Change

  • Previous filing in this sequence was filed on 02 Mar 2023.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

EVOP transaction

Class A Common Stock

Disposed to Issuer

Transaction value
Shares
-43,613
Change %
-100%
Price
Shares after
0
Date
24 Mar 2023
Ownership
Direct
Footnotes
F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

EVOP transaction Derivative

Restricted Stock Units

Disposed to Issuer

Transaction value
Shares
-6,874
Change %
-100%
Price
Shares after
0
Date
24 Mar 2023
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
6,874
Exercise price
Footnotes
F1, F3
EVOP transaction Derivative

Restricted Stock Units

Disposed to Issuer

Transaction value
Shares
-4,945
Change %
-100%
Price
Shares after
0
Date
24 Mar 2023
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
4,945
Exercise price
Footnotes
F1, F3
EVOP transaction Derivative

Restricted Stock Units

Disposed to Issuer

Transaction value
Shares
-12,569
Change %
-100%
Price
Shares after
0
Date
24 Mar 2023
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
12,569
Exercise price
Footnotes
F1, F3, F4
EVOP transaction Derivative

Restricted Stock Units

Disposed to Issuer

Transaction value
Shares
-21,388
Change %
-100%
Price
Shares after
0
Date
24 Mar 2023
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
21,388
Exercise price
Footnotes
F1, F3
EVOP transaction Derivative

Performance Stock Units

Disposed to Issuer

Transaction value
Shares
-19,998
Change %
-100%
Price
Shares after
0
Date
24 Mar 2023
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
19,998
Exercise price
Footnotes
F2, F3, F5
EVOP transaction Derivative

Performance Stock Units

Disposed to Issuer

Transaction value
Shares
-16,041
Change %
-100%
Price
Shares after
0
Date
24 Mar 2023
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
16,041
Exercise price
Footnotes
F2, F3, F6
EVOP transaction Derivative

Options (right to buy)

Disposed to Issuer

Transaction value
Shares
-19,945
Change %
-100%
Price
Shares after
0
Date
24 Mar 2023
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
19,945
Exercise price
$27.28
Footnotes
F8
EVOP transaction Derivative

Options (right to buy)

Disposed to Issuer

Transaction value
Shares
-15,414
Change %
-100%
Price
Shares after
0
Date
24 Mar 2023
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
15,414
Exercise price
$25.28
Footnotes
F8
EVOP transaction Derivative

Options (right to buy)

Disposed to Issuer

Transaction value
Shares
-22,112
Change %
-100%
Price
Shares after
0
Date
24 Mar 2023
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
22,112
Exercise price
$25.46
Footnotes
F7, F8
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Thomas E. Panther is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 8 footnotes

Footnote F1

As of the Transaction Date and pursuant to a merger agreement between the Issuer and Global Payments Inc. (the "Merger Agreement"), RSUs were canceled in exchange for a total cash payment of $1,556,384.00, representing the number of shares multiplied by the applicable consideration amount required in the Merger Agreement. The cash payment includes $233,716.00 for 6,874 units (which would have vested on the fourth anniversary of 11/18/2019), $168,130.00 for 4,945 units (which would have vested on the fourth anniversary of 2/28/2020), $427,346.00 for 12,569 units, and $727,192.00 for 21,388 units (which would have vested ratably on the second and third anniversary of 2/24/2022). Vested shares were also canceled and provided consideration pursuant to the Merger Agreement.

Footnote F2

As of the Transaction Date and pursuant to the Merger Agreement, PSUs were canceled in exchange for a total cash payment of $1,225,326.00, representing the number of shares multiplied by the applicable consideration amount required in the Merger Agreement. The cash payment includes $679,932.00 for 19,998 units and $545,394.00 for 16,041 units.

Footnote F3

Upon vesting, restricted stock units and performance stock units convert to shares of Issuer common stock on a one-for-one basis.

Footnote F4

The RSU grant provided for vesting of 12,569 units on the third anniversary of 2/26/2021.

Footnote F5

The PSU grant provided for vesting of 19,998 units on 2/24/2025, subject to satisfying additional performance conditions.

Footnote F6

The PSU grant provided for vesting of 16,041 units on 3/31/2025, subject to satisfying additional performance conditions.

Footnote F7

The options grant provided for vesting of 22,112 units on the third anniversary of 2/26/2021.

Footnote F8

As of the Transaction Date and pursuant to the Merger Agreement, option rights were canceled in exchange for a total cash payment of $457,276.96, representing the number of shares multiplied by the applicable consideration amount required in the Merger Agreement. The cash payment includes $134,030.40 for 19,945 units, $134,410.08 for 15,414 units, and $188,836.48 for 22,112 units.

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