Paola Perez-Surillo - Feb 28, 2025 Form 4 Insider Report for EVERTEC, Inc. (EVTC)

Role
Executive Vice President
Signature
/s/Belmary Rivera-Alvarez by Power of Attorney
Stock symbol
EVTC
Transactions as of
Feb 28, 2025
Transactions value $
$711,834
Form type
4
Date filed
3/4/2025, 05:56 PM
Previous filing
Sep 3, 2024
Next filing
Mar 7, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EVTC Common Stock Award $520K +13.9K +38.09% $37.34 50.5K Feb 28, 2025 Direct F1
transaction EVTC Common Stock Award $192K +5.06K +10.02% $37.92 55.5K Mar 4, 2025 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reports a grant on February 28, 2025 of restricted stock units with time-based vesting, which will vest in substantially three equal installments on the anniversary of the grant date in 2026, 2027 and 2028, in each case subject to earlier vesting upon a termination of service in certain circumstances.
F2 Represents shares of fully vested stock issued as a result of the vesting of performance-based restricted stock units, which were originally granted on February 25, 2022 and earned based on the Issuer's achievement of an adjusted EBITDA target for 2022, subject to a total shareholder return modifier over a three-year performance period.