VARMA VIKRAM (General Counsel and Secretary) exercised options at VERIFONE SYSTEMS, INC.

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 3 exercises

VARMA VIKRAM

Filed: 7/3/2018ACC: 0001209191-18-041304

InsiderVARMA VIKRAMCIK 1735533

→

IssuerVERIFONE SYSTEMS, INC.CIK 1312073

Officer· General Counsel and Secretary

Since Jul 2018

-429.00

Net shares

Net seller

$9.8K

Total sold

Open market trades

0B · 0S

Total transactions

1.24K acquired · 1.67K disposed

Non-Derivative Transactions6

Common Stock, par value $0.01 per share

Direct

M · Option Exercise

+225.00

Price / share

—

Trade value

—

% of position

0.5%

7/1/2018

44.39K→44.62K

Common Stock, par value $0.01 per share

Direct

F · Tax Withholding

−78.00

Price / share

$22.84

Trade value

$1.78K

% of position

0.2%

7/1/2018

44.62K→44.54K

Common Stock, par value $0.01 per share

Direct

M · Option Exercise

+599.00

Price / share

—

Trade value

—

% of position

1.3%

7/1/2018

44.54K→45.14K

Common Stock, par value $0.01 per share

Direct

F · Tax Withholding

−208.00

Price / share

$22.84

Trade value

$4.75K

% of position

0.5%

7/1/2018

45.14K→44.93K

Common Stock, par value $0.01 per share

Direct

M · Option Exercise

+413.00

Price / share

—

Trade value

—

% of position

0.9%

7/1/2018

44.93K→45.34K

Common Stock, par value $0.01 per share

Direct

F · Tax Withholding

−143.00

Price / share

$22.84

Trade value

$3.27K

% of position

0.3%

7/1/2018

45.34K→45.20K

Total

Net shares

+808.00

Net value

-$9.80K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock, par value $0.01 per share Direct	7/1/2018	M · Option Exercise	+225.00	—	—	0.5%	44.39K	44.62K
Common Stock, par value $0.01 per share Direct	7/1/2018	F · Tax Withholding	−78.00	$22.84	$1.78K	0.2%	44.62K	44.54K
Common Stock, par value $0.01 per share Direct	7/1/2018	M · Option Exercise	+599.00	—	—	1.3%	44.54K	45.14K
Common Stock, par value $0.01 per share Direct	7/1/2018	F · Tax Withholding	−208.00	$22.84	$4.75K	0.5%	45.14K	44.93K
Common Stock, par value $0.01 per share Direct	7/1/2018	M · Option Exercise	+413.00	—	—	0.9%	44.93K	45.34K
Common Stock, par value $0.01 per share Direct	7/1/2018	F · Tax Withholding	−143.00	$22.84	$3.27K	0.3%	45.34K	45.20K
Total			+808.00		-$9.80K

Derivative Transactions3

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock, per value $0.01 per share

225.00 shares

−225.00

Strike price

Held after

0.00

Exercisable

—

7/1/2018

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock, par value $0.01 per share

599.00 shares

−599.00

Strike price

Held after

2.39K

Exercisable

—

7/1/2018

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock, par value $0.01 per share

413.00 shares

−413.00

Strike price

Held after

3.30K

Exercisable

—

7/1/2018

Security	Converts To	Date	Type	Shares	Exercisable	Held After
Restricted Stock Units Direct	Common Stock, per value $0.01 per share225.00 shares	7/1/2018	M · Option Exercise	−225.00	—	0.00
Restricted Stock Units Direct	Common Stock, par value $0.01 per share599.00 shares	7/1/2018	M · Option Exercise	−599.00	—	2.39K
Restricted Stock Units Direct	Common Stock, par value $0.01 per share413.00 shares	7/1/2018	M · Option Exercise	−413.00	—	3.30K