FIS officer granted 39,246 RSUs, shares withheld
Fidelity National Information Services (FIS) officer Firdaus Bhathena reported multiple equity transactions on restricted stock units (RSUs) and common stock.
Rhea-AI Filing Summary
Fidelity National Information Services (FIS) officer Firdaus Bhathena reported multiple equity transactions on restricted stock units (RSUs) and common stock. Bhathena received a grant of 39,246 RSUs, each representing one share of FIS common stock. On the same date, 17,581 RSUs vested and were converted into common shares. To cover withholding taxes on this vesting, 2,403 and 3,144 common shares were surrendered at a price of $51.05 per share, as indicated by the tax-withholding footnote, rather than sold in an open-market transaction. After these exercises and tax-withholding dispositions, Bhathena directly owned 32,349 shares of FIS common stock, along with remaining RSU holdings reported in the filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 39,246 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 7,954 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 9,627 | $0.00 | $0.00 |
| Exercise | Common Stock | 7,954 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 2,403 | $51.05 | $123K |
| Exercise | Common Stock | 9,627 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 3,144 | $51.05 | $161K |
Footnotes (3)
- F1. Represents shares to satisfy withholding tax obligation for restricted stock unit vesting.
- F2. Each restricted stock unit represents a contingent right to receive one share of FIS common stock.
- F3. The restricted stock unit vests in three equal annual installments commencing on each anniversary date.
FAQ
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What did Firdaus Bhathena report in the latest FIS Form 4 filing?
How many restricted stock units did Firdaus Bhathena receive from FIS?
How do Firdaus Bhathena’s FIS restricted stock units vest over time?
What is the significance of transaction codes A, M, and F in this FIS Form 4?
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