FORM 3 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES 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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1. Name and Address of Reporting Person*
(Street)
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2. Date of Event Requiring Statement
(Month/Day/Year) 02/23/2016 |
3. Issuer Name and Ticker or Trading Symbol
ACI WORLDWIDE, INC. [ ACIW ] |
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4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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5. If Amendment, Date of Original Filed
(Month/Day/Year) |
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6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Beneficially Owned | |||
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1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
Common Stock | 6,309 | D |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
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1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Non-Qualified Stock Option (right to buy) | (1) | 12/03/2022 | Common Stock | 10,548 | 14.27 | D | |
Non-Qualified Stock Option (right to buy) | (2) | 01/26/2025 | Common Stock | 53,543 | 19.08 | D | |
Non-Qualified Stock Option (right to buy) | (3) | 12/12/2023 | Common Stock | 18,978 | 20.5133 | D |
Explanation of Responses: |
1. The options were granted on December 3, 2012 pursuant the Company's 2005 Equity and Performance Incentive Plan, as amended (the "Plan"). The options vested in three equal annual installments beginning on the first anniversary of the date of grant. |
2. These options were granted pursuant to the Plan. In each case vesting is contingent upon the reporting person's continued employment on the applicable vesting date. 37,795 shares vest in equal annual installments over a three year period beginning with the first anniversary of the date of grant. 5,249 options will become exercisable, if at all, upon the third anniversary of the date of grant, provided that the closing price per share of the registrant's common stock on the NASDAQ Global Select Stock Market ("Stock Price") has met or exceeded $25.38 for at least 20 consecutive trading days. 5,249 options will become exercisable, if at all, upon the fourth anniversary of the date of grant, provided the Stock Price has met or exceeded $31.87 for at least 20 consecutive trading days. 5,250 will become exercisable, if at all, upon the fifth anniversary of the date of grant, provided the Stock has met or exceeded $38.16 for at least 20 consecutive trading days. |
3. The options were granted on December 12, 2013 pursuant the Plan. The options vest in three equal annual installments beginning on the first anniversary of the date of grant. |
By: /s/ Dennis Byrnes, Attorney in Fact For: Craig S Saks | 02/25/2016 | |
** 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 5 (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). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |