X0306 4 2018-08-20 1 0001312073 VERIFONE SYSTEMS, INC. PAY 0001365933 Alspaugh Robert W C/O VERIFONE SYSTEMS, INC. 88 WEST PLUMERIA DRIVE SAN JOSE CA 95134 1 0 0 0 Common Stock, par value $0.01 per share 2018-08-20 4 D 0 14000 D 0 D Stock Option (right to buy) 16.80 2018-08-20 4 D 0 9000 D 2014-07-01 2020-07-01 Common Stock, par value $0.01 per share 9000 0 D Restricted Stock Units 0.00 2018-08-20 4 D 0 9650 D 2018-08-20 Common Stock, par value $0.01 per share 9650 0 D Restricted Stock Units 0.00 2018-08-20 4 D 0 8484 D 2018-04-03 Common Stock, par value $0.01 per share 8484 0 D Restricted Stock Units 0.00 2018-08-20 4 D 0 6556 D 2017-04-01 Common Stock, par value $0.01 per share 6556 0 D Restricted Stock Units 0.00 2018-08-20 4 D 0 3500 D 2014-08-01 Common Stock, par value $0.01 per share 3500 0 D Restricted Stock Units 0.00 2018-08-20 4 D 0 2000 D 2013-08-02 Common Stock, par value $0.01 per share 2000 0 D At the effective time of the merger contemplated by the Agreement and Plan of Merger, dated as of April 9, 2018, by and among VeriFone Systems, Inc. (the "Company"), Vertex Holdco LLC, and Vertex Merger Sub LLC (the "Effective Time"), each issued and outstanding share of common stock of the Company (each, a "Share") held by Mr. Alspaugh was converted into the right to receive $23.04 in cash, without interest. At the Effective Time, (a) each outstanding vested option (or vested portion thereof) to purchase Shares (each, a "Vested Company Option") was cancelled and converted into the right to receive (without interest), no later than three business days after the Effective Time, an amount in cash equal to the product obtained by multiplying (i) the total number of Shares subject to such Vested Company Option immediately prior to the Effective Time by (ii) the excess, if any, of $23.04 over the exercise price per Share of such Vested Company Option; and (b) each outstanding unvested option (or unvested portion thereof) to purchase Shares (each, an "Unvested Company Option") was cancelled and converted into the right to receive an amount in cash, (Continued from Footnote 2) without interest, equal to the product obtained by multiplying (i) the total number of Shares subject to such Unvested Company Option immediately prior to the Effective Time by (ii) the excess, if any, of (A) $23.04 over (B) the exercise price per Share of such Unvested Company Option, which remains subject to the same vesting schedule that applied to such Unvested Company Option immediately prior to the Effective Time. Represents deferred stock units of the Company (a "Company DSU") under the Company's Director Deferred Compensation Plan. At the Effective Time, each outstanding Company DSU was converted into the right to receive (without interest), no later than three business days after the Effective Time, an amount in cash equal to the product obtained by multiplying (i) the total number of Shares subject to such Company DSU immediately prior to the Effective Time by (ii) $23.04. /s/ Robert Alspaugh, by Vik Varma, his Attorney-in-Fact 2018-08-21