Sec Form 4 Filing - VILLAMIL FELIX @ EVERTEC, Inc. - 2013-04-17

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
VILLAMIL FELIX
2. Issuer Name and Ticker or Trading Symbol
EVERTEC, Inc. [ EVTC]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
C/O EVERTEC, INC. CUPEY CENTER BUILDING, ROAD 176, KILOMETER 1.3
3. Date of Earliest Transaction (MM/DD/YY)
04/17/2013
(Street)
SAN JUAN, PR00926
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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
Class B Non-Voting Common Stock ( 1 ) 04/11/2013 D 160,000 D $ 0 0 D
Common Stock ( 1 ) 04/11/2013 A 160,000 A $ 0 160,000 D
Common Stock 04/19/2013 M 116,865 A $ 1.295 276,865 D
Common Stock 04/19/2013 F 31,758 ( 2 ) D $ 20.84 245,107 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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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 of Derivative Security: 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
Stock Option (right to buy) ( 3 ) $ 1.295 04/17/2013 A 155,820 04/17/2013 02/11/2022 Common Stock 155,820 $ 0 155,820 D
Stock Option (right to buy) $ 1.295 04/19/2013 M 116,865 04/17/2013 02/11/2022 Common Stock 116,865 $ 0 38,955 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
VILLAMIL FELIX
C/O EVERTEC, INC. CUPEY CENTER BUILDING
ROAD 176, KILOMETER 1.3
SAN JUAN, PR00926
X
Signatures
/s/ Felix Villamil 04/19/2013
Signature of Reporting Person Date
Explanation of Responses:
( 1 )On April 11, 2013, the Issuer's "class B non-voting common stock" was converted to "class A common stock" and on April 17, 2013, the "class A common stock" was renamed "common stock." All shares of common stock are subject to a lock-up agreement (the "Lock-Up Agreement") entered into by the Reporting Person in connection with the Issuer's initial public offering, which restricts the Reporting Person's ability to sell or otherwise dispose of such shares prior to October 9, 2013.
( 2 )Reflects shares of common stock withheld by the Issuer to fund the cashless exercise of stock options and to pay the tax liability of the Reporting Person in connection with such exercise.
( 3 )Options related to 116,865 shares of common stock are currently vested and became exercisable upon consummation of the Issuer's initial public offering on April 17, 2013. The remaining options vest and become exercisable in four substantially equal installments on September 30, 2013, September 30, 2014, and September 30, 2015. All shares issued upon exercise of any options will be subject to the Lock-Up Agreement.

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