Sec Form 4 Filing - WHITE THOMAS M @ 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
WHITE THOMAS M
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 50,000 D $ 0 0 I by Thomas M. White 2006 Trust
Common Stock ( 1 ) 04/11/2013 A 50,000 A $ 0 50,000 I by Thomas M. White 2006 Trust
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) ( 2 ) $ 1.295 04/17/2013 A 90,000 04/17/2013 04/05/2021 Common Stock 90,000 $ 0 90,000 I by Thomas M. White 2006 Trust
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
WHITE THOMAS M
C/O EVERTEC, INC., CUPEY CENTER BUILDING
ROAD 176, KILOMETER 1.3
SAN JUAN, PR00926
X
Signatures
/s/ Thomas M. White 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 )Options related to 63,000 shares of common stock are currently vested and exercisable and the remaining options vest and become exercisable in three substantially equal installments on April 5, 2014, April 5, 2015 and April 5, 2016. Of the currently vested options, options related to 18,000 shares became exercisable upon consummation of the Issuer's initial public offering and options related to 45,000 shares vested and became exercisable on April 17, 2013 due to the satisfaction of investor internal rate of return targets due to the consummation of the initial public offering. All shares issued upon exercise of any options will be subject to the Lock-Up Agreement.

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