0001179110-22-001755.txt : 20220228
0001179110-22-001755.hdr.sgml : 20220228
20220228205955
ACCESSION NUMBER: 0001179110-22-001755
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220224
FILED AS OF DATE: 20220228
DATE AS OF CHANGE: 20220228
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: KELLY JAMES G
CENTRAL INDEX KEY: 0001226014
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38504
FILM NUMBER: 22693381
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: EVO Payments, Inc.
CENTRAL INDEX KEY: 0001704596
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389]
IRS NUMBER: 000000000
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: TEN GLENLAKE PARKWAY
STREET 2: SOUTH TOWER, SUITE 950
CITY: ATLANTA
STATE: GA
ZIP: 30328
BUSINESS PHONE: 5164799000
MAIL ADDRESS:
STREET 1: TEN GLENLAKE PARKWAY
STREET 2: SOUTH TOWER, SUITE 950
CITY: ATLANTA
STATE: GA
ZIP: 30328
4
1
edgar.xml
FORM 4 -
X0306
4
2022-02-24
0
0001704596
EVO Payments, Inc.
EVOP
0001226014
KELLY JAMES G
10 GLENLAKE PARKWAY
SOUTH TOWER, SUITE 950
ATLANTA
GA
30328
1
1
0
0
CEO
Class A Common Stock
2022-02-26
4
M
0
38099
0
A
125609
D
Restricted Stock Units
2022-02-26
4
M
0
38099
0
D
Class A Common Stock
38099
76198
D
Restricted Stock Units
2022-02-24
4
A
0
116695
0
A
Class A Common Stock
116695
116695
D
Performance Stock Units
2022-02-24
4
A
0
58348
0
A
Class A Common Stock
58348
58348
D
Represents vesting of restricted stock units ("RSUs") granted on February 26, 2021. Each RSU converts into one share of Class A common stock, par value $0.0001 per share ("Class A Common Stock"), of EVO Payments, Inc. (the "Issuer") on a one-for-one basis.
Each RSU represents the right to acquire one share of Class A Common Stock. The RSUs will vest ratably on February 24, 2023, 2024 and 2025.
Each performance stock unit ("PSU") represents a contingent right to receive shares of Class A Common Stock. The PSUs cliff vest and become exercisable subject to both a time-vesting and a performance-vesting condition. The time-vesting condition is satisfied on March 31, 2025. The performance-vesting condition requires that, prior to March 31, 2025, the Issuer's twenty trading day trailing average closing price for its Class A Common Stock must equal or exceed the target stock price for a period of twenty consecutive trading days. PSUs only vest upon the satisfaction of both conditions. If the performance-vesting condition is not satisfied prior to March 31, 2025, all PSUs will be immediately forfeited.
The number of shares of Class A Common Stock delivered on settlement of the PSU (i) may be increased to up to 200% of the amount listed based on the amount by which the Issuer's twenty trading day trailing average closing price for its Class A Common Stock exceeds the target stock price during the period prior to March 31, 2025, and (ii) will not exceed 400% of the fair market value of the Class A Common Stock on the grant date.
/s/ Kelli E. Sterrett, attorney-in-fact
2022-02-28