SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Meruelo Alex Living Trust

(Last) (First) (Middle)
9550 FIRESTONE BLVD., SUITE 105

(Street)
DOWNEY CA 90241

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
HYPERCOM CORP [ HYC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
09/09/2009
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common 09/09/2009 S(1) 50,000(1) D(1) $0.00(2) 6,755,819(3) D(4)
Common 09/09/2009 P(5) 50,000 A(5) $0.00(6) 125,000(7) D
Common 09/09/2009 S 20,000 D(8) $2.763 105,000(7) D
Common 09/10/2009 S 25,000 D(8) $2.832 80,000(7) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
1. Name and Address of Reporting Person*
Meruelo Alex Living Trust

(Last) (First) (Middle)
9550 FIRESTONE BLVD., SUITE 105

(Street)
DOWNEY CA 90241

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Delgado Armando

(Last) (First) (Middle)
9550 FIRESTONE BLVD., SUITE 105

(Street)
DOWNEY CA 90241

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director 10% Owner
Officer (give title below) X Other (specify below)
Group Member
Explanation of Responses:
1. This transaction is a disposition of securities by one Group Member, Alex Meruelo Living Trust, to another Group Member, Armando Delgado.
2. Alex Meruelo Living Trust disposed of the securities in a gift tranaction in which no consideration was exchanged.
3. Number represents securities held by Alex Meruelo Living Trust following this reported transaction. See Remarks below for number of securities held by the Group following all transactions reflected on this statement.
4. The Alex Meruelo Living Trust ("Trust") is a grantor trust and is the direct owner of certain of the securities covered by this statement. Alex Meruelo is the Trustee of the Trust.
5. This transaction is an acquisition of securities by one Group Member, Armando Delgado, from another Group Member, Alex Meruelo Living Trust.
6. Armando Delgado acquired the securities in a gift transaction in which no consideration was exchanged.
7. Number represents securities held by Armando Delgado following this reported transaction. See Remarks below for number of securities held by the Group following all transactions reflected on this statement.
8. Securities disposed of by Armando Delgado
Remarks:
Alex Meruelo Living Trust and Armando Delgado file this Form 4 Statement as members of a reporting group that includes Monterey Insurance Company, Inc., Luis Armona, and Joseph Marchica. The number of shares beneficially owned by the Group following the transactions set forth on this Statement are 8,360,319. Joint Filer information for Armando Delgado is set forth on Exhibit 99.1 of this Statement. See Exhibits 99.1 and 99.2 of the Form 4 Statement filed 06/15/200 for, respectively, the Joint Filing Agreement of the Group and the Joint Filer Information of the Group Members.
Alex Meruelo Living Trust 09/23/2009
Alex Meruelo 09/23/2009
Armando Delgado 09/23/2009
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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