Frank Bisignano’s stake in First Data Corp. would be about $110 million if the company he runs sells shares at the high end of the projected range for its debut on public exchanges and he exercises all his vested options.
First Data plans to sell shares for $18 to $20 apiece, according to a regulatory filing Thursday by the New York-based payment-technologies company. Bisignano, the 55-year-old chairman and chief executive officer, owns about 2.1 million shares, according to the filing. He also owns 3.4 million options that he can exercise, priced at $11.07 and $12.65. The $110 million figure excludes other options that can’t immediately be exercised and restricted shares.
