Guillermo Rospigliosi - 07 Mar 2023 Form 4 Insider Report for EVERTEC, Inc. (EVTC)

Reporting relationship: Executive Vice President
Issuer ticker: EVTC
Reported as of: 07 Mar 2023
Net transaction value: +$195,862
SEC form: 4
Accepted by SEC: 09 Mar 2023, 15:48:25 UTC
Prior SEC filing: 28 Feb 2023
Source filing: View source filing
Reporting owner signature: /s/Belmary Rivera-Alvarez by Power of Attorney

Key filing fact

Guillermo Rospigliosi filed Form 4 for EVERTEC, Inc. (EVTC) on 09 Mar 2023.

Key facts

This page summarizes Guillermo Rospigliosi's Form 4 filing for EVERTEC, Inc. (EVTC).
2 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 09 Mar 2023, 15:48.

Change

Previous filing in this sequence was filed on 28 Feb 2023.
Current net transaction value: +$195,862.

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.

EVTC transaction

Common Stock

Award

Transaction value: $353,119
Shares: +9,467
Change %: +24%
Price: $37.30
Shares after: 48,403
Date: 07 Mar 2023
Ownership: Direct
Footnotes: F1

EVTC transaction

Common Stock

Tax liability

Transaction value: $157,257
Shares: -4,216
Change %: -8.7%
Price: $37.30
Shares after: 44,187
Date: 07 Mar 2023
Ownership: Direct
Footnotes: F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Represents shares of fully vested stock issued as a result of the vesting of performance-based restricted stock units ("RSUs") which were originally granted on February 27, 2020, and were earned based on the Issuer's achievement of an adjusted EBITDA target for 2020, subject to a total shareholder return modifier over a three-year performance period.

Footnote F2

Reflects shares of common stock withheld by the Issuer to pay the tax liability of the Reporting Person as follows: (i) 1,152 shares withheld in connection with the vesting of RSUs granted on February 27, 2020; (ii) 1,587 shares withheld in connection with the vesting of RSUs granted on March 2, 2021; and (iii) 1,477 shares withheld in connection with the vesting of RSUs granted on February 25, 2022.