Key facts
- This page summarizes Kelli Sterrett's Form 4 filing for EVO Payments, Inc..
- 9 reported transactions and 8 derivative rows are listed below.
- Accepted by SEC: 28 Mar 2023, 21:03.
Kelli Sterrett - 24 Mar 2023 Form 4 Insider Report for EVO Payments, Inc.
- Reporting relationship
- EVP, GC and Secretary
- Issuer ticker
- N/A
- Reported as of
- 24 Mar 2023
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 28 Mar 2023, 21:03:34 UTC
- Prior SEC filing
- 20 Dec 2022
- Next SEC filing
- 25 Oct 2023
- Source filing
- View source filing
- Reporting owner signature
- /s/ Kelli E. Sterrett
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Kelli Sterrett filed Form 4 for EVO Payments, Inc. on 28 Mar 2023.
Change
- Previous filing in this sequence was filed on 20 Dec 2022.
- 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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
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
- -28,158
- 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
- -1,035
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 24 Mar 2023
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 1,035
- Exercise price
- Footnotes
- F1, F3
EVOP
transaction
Derivative
Restricted Stock Units
Disposed to Issuer
- Transaction value
- Shares
- -2,701
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 24 Mar 2023
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 2,701
- Exercise price
- Footnotes
- F1, F3, F4
EVOP
transaction
Derivative
Restricted Stock Units
Disposed to Issuer
- Transaction value
- Shares
- -17,124
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 24 Mar 2023
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 17,124
- Exercise price
- Footnotes
- F1, F3, F4
EVOP
transaction
Derivative
Restricted Stock Units
Disposed to Issuer
- Transaction value
- Shares
- -14,423
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 24 Mar 2023
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 14,423
- Exercise price
- Footnotes
- F1, F3, F4
EVOP
transaction
Derivative
Performance Stock Units
Disposed to Issuer
- Transaction value
- Shares
- -13,485
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 24 Mar 2023
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 13,485
- Exercise price
- Footnotes
- F2, F3, F5
EVOP
transaction
Derivative
Performance Stock Units
Disposed to Issuer
- Transaction value
- Shares
- -10,817
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 24 Mar 2023
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 10,817
- Exercise price
- Footnotes
- F2, F3, F6
EVOP
transaction
Derivative
Options (right to buy)
Disposed to Issuer
- Transaction value
- Shares
- -3,226
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 24 Mar 2023
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 3,226
- Exercise price
- $25.28
- Footnotes
- F7, F8
EVOP
transaction
Derivative
Options (right to buy)
Disposed to Issuer
- Transaction value
- Shares
- -7,126
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 24 Mar 2023
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 7,126
- 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
Kelli Sterrett 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 $1,199,622.00, representing the number of shares multiplied by the applicable consideration amount required in the Merger Agreement. The cash payment includes $35,190.00 for 1,035 units (which would have vested on the fourth anniversary of 2/28/2020), $91,834.00 for 2,701 units, $582,216.00 for 17,124 units, and $490,382.00 for 14,423 units. 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 $826,268.00, representing the number of shares multiplied by the applicable consideration amount required in the Merger Agreement. The cash payment includes $458,490.00 for 13,485 units and $367,778.00 for 10,817 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 ratable vesting of 2,701 units on the third and fourth anniversary of 2/24/2025, 17,124 units on the third and fourth anniversary of 7/30/2021, and 14,423 units on the second and third anniversary of 2/24/2022.
Footnote F5
The PSU grant provided for vesting of 13,485 units on 2/24/2025, subject to satisfying additional performance conditions.
Footnote F6
The PSU grant provided for vesting of 10,817 units on 3/31/2025, subject to satisfying additional performance conditions.
Footnote F7
The options grant provided for vesting of 3,226 units on the fourth anniversary of 2/28/2020 and 7,126 units on the fourth 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 $88,986.76, representing the number of shares multiplied by the applicable consideration amount required in the Merger Agreement. The cash payment includes $28,130.72 for 3,226 units and $60,856.04 for 7,126 units.