FISERV INC — Director's Dealing 2011

Mar 1, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: Warsop Thomas W III (EVP, Group President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-02-23	Common Stock	A	3322	—	Acquired	33815	Direct
2011-02-28	Common Stock	F	272	$63.27	Disposed	33543	Direct
2011-02-28	Common Stock	F	957	$63.27	Disposed	32586	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	26994	Acquired	2021-02-23	Common Stock (26994)	Direct
2011-02-23	Stock Option (right to buy)	$54.21	A	5380	Acquired	2018-02-27	Common Stock (5380)	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 issued on February 27, 2008.

F3: Reflects payment of tax liability by withholding securities incident to vesting of restricted stock issued on February 26, 2009.

F4: One-third of these options vest on each anniversary of the grant date.

F5: On February 27, 2008, the reporting person was granted an option to purchase 23,059 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.