| FORM 4 |
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 or Section 30(h) of the Investment Company Act of 1940 |
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). | ||||||||||||||||
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
Metavante Technologies, Inc. [ MV ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 10/01/2009 | ||||||||||||||||||||||||||
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4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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| Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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| 1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 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 | ||||||
| Common Stock, par value $0.01(1) | 10/01/2009 | D | 29,784,274 | D | (2) | 0 | I(1) | See Footnote(1) | ||
| Common Stock, par value $0.01 | 10/01/2009 | D | 4,727 | D | (3) | 0 | D | |||
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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| 1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 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 (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (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: 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 | ||||||||
| Director Stock Option (Right to Buy)(4) | $23.2 | 10/01/2009 | D | 7,400 | (5) | 02/25/2018 | Common Stock | 7,400 | (4) | 0 | D | ||||
| Director Stock Option (Right to Buy)(6) | $14.03 | 10/01/2009 | D | 6,100 | (7) | 11/21/2018 | Common Stock | 6,100 | (6) | 0 | D | ||||
| Explanation of Responses: |
| 1. See Exhibit 99 - Explanation of Responses. |
| 2. These shares were disposed of on the Effective Date (as defined below) pursuant to the Merger Agreement (as defined below). |
| 3. These shares were disposed of on the Effective Date pursuant to the Merger Agreement. |
| 4. This option was assumed by FIS pursuant to the Merger Agreement and was replaced with an option to purchase 9,990 shares of FIS common stock for $17.19 per share. |
| 5. This option vests in four equal installments beginning on February 25, 2009. |
| 6. This option was assumed by FIS pursuant to the Merger Agreement and was replaced with an option to purchase 8,235 shares of FIS common stock for $10.40 per share. |
| 7. This option vests in four equal installments beginning November 21, 2009. |
| Remarks: |
| On October 1, 2009 (the "Effective Date"), Metavante Technologies, Inc. ("Metavante") was merged (the "Merger") with and into Cars Holdings, LLC ("Merger Sub") pursuant to an Agreement and Plan of Merger, dated as of March 31, 2009, by and among Fidelity National Information Services, Inc. ("FIS"), Merger Sub and Metavante (the "Merger Agreement"). In connection with the Merger, Mr. Neary ceased to be a director of Metavante. See Exhibit 24 - Power of Attorney. |
| /s/ Scott A. Arenare, as Attorney-in-Fact | 10/02/2009 | |
| ** 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 4 (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. | ||
EXHIBIT 99
Explanation of Responses
On November 1, 2007 (the “Closing Date”), WPM, L.P., a Delaware limited partnership (“WPM”), purchased 29,732,214 shares of Class A common stock, par value $0.01 per share (the “Class A Common Stock”), of Metavante Technologies, Inc. (formerly known as Metavante Holding Company), a Wisconsin Corporation (the “Issuer”), for an aggregate purchase price of $625 million, pursuant to an Investment Agreement, dated as of April 3, 2007, among the Issuer, M&I LLC (formerly known as Marshall & Ilsley Corporation), a Wisconsin limited liability company (“M&I”), Metavante Corporation, a Wisconsin corporation, Montana Merger Sub Inc., a Wisconsin corporation, and WPM (the “Investment Agreement”).
In order to facilitate the structure of the transactions contemplated by the Investment Agreement, at 12:01 a.m. Eastern Daylight Time on the day following the Closing Date, each outstanding share of the Class A Common Stock automatically converted into one share of the Issuer’s common stock, par value $0.01 per share (“Common Stock”). At that time, the rights of WPM with respect to shares of converted Class A Common Stock ceased and WPM was deemed to have become the holder of an equivalent number of shares of Common Stock.
WPM acquired additional shares of Common Stock pursuant to the exercise of its stock purchase rights under that certain Stock Purchase Right Agreement between WPM and the Issuer, dated November 1, 2007 (the “Original SPRA”) and that certain Amended and Restated Stock Purchase Right Agreement between WPM and the Issuer, dated August 21, 2008 (the “Amended and Restated SPRA”). The Original SPRA was included as Exhibit 5 to Schedule 13D with respect to the Issuer, filed by WPM et al. on November 8, 2007 with the Securities and Exchange Commission (the “SEC”) and is incorporated herein by reference. The Amended and Restated SPRA was included as Exhibit 5 to Amendment No. 2 to Schedule 13D with respect to the Issuer, filed by WPM et al. on September 16, 2008 with the SEC and is incorporated herein by reference.
On October 1, 2009, the Issuer and Fidelity National Information Services, Inc. (“FIS”) closed their previously announced transaction whereby the Issuer was merged with and into Cars Holdings, LLC (“Merger Sub”), a wholly-owned subsidiary of FIS (the “Merger”). The separate corporate existence of the Issuer ceased upon consummation of the Merger. Pursuant to that certain Agreement and Plan of Merger, dated as of March 31, 2009, among the Issuer, FIS and Merger Sub, the Issuer’s shareholders received 1.35 shares of FIS common stock in exchange for each share of the Issuer’s common stock that they owned on the effective date of the Merger. Shareholders were paid cash in lieu of receiving any fractional shares of FIS common stock.
Immediately prior to the effective date of the Merger, WPM was the direct record owner of 29,784,274 shares of Common Stock. WPM GP, LLC, a Delaware limited liability company (“WPM GP”), is the sole general partner of WPM. Warburg Pincus Private Equity IX, L.P., a Delaware limited partnership (“WP IX”), is the sole member of WPM GP. Warburg Pincus IX LLC, a New York limited liability company (“WP IX LLC”), is the sole general partner of WP IX. Warburg Pincus Partners, LLC, a New York limited liability company (“WP Partners”), is the sole member of WP IX LLC. Warburg Pincus & Co., a New York general partnership (“WP”), is the managing member of WP Partners. Warburg Pincus LLC, a New York limited
liability company (“WP LLC”), manages WP IX. Messrs. Charles R. Kaye and Joseph P. Landy are each Managing General Partners of WP and Co-Presidents and Managing Members of WP LLC. By reason of the provisions of Rule 16a-1 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), each of WPM GP, WP IX, WP IX LLC, WP Partners, WP, WP LLC, and Messrs. Kaye and Landy may be deemed to be the beneficial owners of any securities that may be deemed to be beneficially owned by WPM. Each of WPM GP, WP IX, WP IX LLC, WP Partners, WP, WP LLC, and Messrs. Kaye and Landy disclaim beneficial ownership of all shares of both the Issuers’ Class A Common Stock and Common Stock except to the extent of any indirect pecuniary interest therein.
James Neary, the reporting person, who became a director of the Issuer on November 1, 2007, upon the completion of the transactions contemplated by the Investment Agreement, is a general partner of WP and a managing director and member of WP LLC. As such, Mr. Neary may be deemed to have an indirect pecuniary interest (within the meaning of Rule 16a-1 under the Exchange Act) in an indeterminate portion of the securities reported as beneficially owned by WPM. Mr. Neary disclaims beneficial ownership of such securities except to the extent of any indirect pecuniary interest therein.
Exhibit 24
POWER OF ATTORNEY
The undersigned hereby constitutes and appoints each of Scott A. Arenare, Timothy J. Curt and Steven G. Schneider, acting together or individually, his/her true and lawful attorney-in-fact to:
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(1) |
execute for and on behalf of the undersigned Forms 3, 4 and 5, together with any amendments thereto, in accordance with the Securities Exchange Act of 1934, as amended, and the rules thereunder; |
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(2) |
do and perform any and all acts for and on behalf of the undersigned which may be necessary or desirable to complete the execution of any such Forms and the filing thereof with the United States Securities and Exchange Commission and any other person as may be required by law; and |
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(3) |
take any other action of any type whatsoever in connection with the foregoing which, in the opinion of such attorney-in-fact, may be of benefit to, in the best interest of, or legally required by, the undersigned, it being understood that the documents executed by such attorney-in-fact on behalf of the undersigned pursuant to this power of attorney shall be in such form and shall contain such terms and conditions as such attorney-in-fact may approve in his discretion. |
The undersigned hereby grants to each such attorney-in-fact full power and authority to do and perform all and every act and thing whatsoever requisite, necessary and proper to be done in the exercise of any of the rights and powers herein granted, with full power of substitution or revocation, hereby ratifying and confilating all that such attorney-in-fact, or his substitute or substitutes, shall lawfully do or cause to be done by virtue of this power of attorney and the rights and powers herein granted. The undersigned acknowledges that the foregoing attorneys-in-fact, in serving in such capacity at the request of the undersigned, are not assuming any of the undersigned's responsibilities to comply with the Securities Exchange Act of 1934, as amended.
This power of attorney shall continue in full force and effect until revoked in writing by the undersigned or his/her attorney-in-fact.
IN WITNESS WHEREOF, the undersigned has executed this Power of Attorney this 28th day of February, 2006.
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Signature: /s/ James Neary |
Print Name: James Neary