FISERV INC — Director's Dealing 2011

Feb 25, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FISERV INC (FISV)
CIK: 0000798354
Period of Report: 2011-02-23

Reporting Person: SPRAGUE CHARLES W (EVP,GeneralCounsel,Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-02-23	Common Stock	A	1135	—	Acquired	73764	Direct
2011-02-23	Common Stock	F	192	$61.71	Disposed	73572	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-02-23	Stock Option (right to buy)	$61.71	A	9218	Acquired	2021-02-23	Common Stock (9218)	Direct
2011-02-23	Stock Option (right to buy)	$54.21	A	3228	Acquired	2018-02-27	Common Stock (3228)	Direct

Footnotes

F1: One-third of these restricted stock units vest on the second anniversary of the grant date and an additional one-third will vest on each of the third and fourth anniversaries of the grant date.

F2: Reflects payment of tax liability by withholding securities incident to vesting of restricted stock award.

F3: One-third of these options vest on each anniversary of the grant date.

F4: On February 27, 2008, the reporting person was granted an option to purchase 13,836 shares of common stock. The options vest in 2011 subject to Fiserv's achievement of annual or cumulative cost synergy goals and annual or cumulative internal revenue growth goals. The performance criteria with respect to the cost synergy goal for 2010 was achieved. Accordingly, 7/30 of the award was earned.